look news india
Today on Wednesday, changes in gold prices are being seen in all the cities of the country. After Holi, the prices of gold and silver are continuously increasing. If you are also planning to buy gold and silver, then adopt the policy of wait and watch.
The price of 24 carat has increased by Rs 110.
Apart from 22 carat, if we talk about 24 carat 10 gram pure gold, its price will be higher on Wednesday. 110 increased by Rs. 71220 It has become Rs. On April 9, its price was Rs 71110. Varanasi bullion businessman Vijay Tiwari said that gold prices are making new records in the month of April. However, it is a matter of relief that silver has now become stable.
Silver prices remained stable
Apart from gold, there was no change in the price of silver on Wednesday. Silver price after market opening 84500 It was Rs. Its price was the same on April 9 also. Whereas on April 8 its price was Rs 83500. Earlier on 7th and 6th April its price was Rs 81700. Whereas on April 5 its price was Rs 82000. Earlier on April 4, its price was Rs 81000. Whereas on April 3, its price was Rs 79000.
rise in global markets
The effect of the boom in the global market is also being seen on the local market. The price of American gold today increased by 0.23 percent to $ 2,342.80 an ounce. In such a situation, the price of gold is continuously increasing.
What are the reasons for the increase in gold and silver prices?
It is noteworthy that this year the central banks of many Eastern European countries including Turkey, India, China, Kazakhstan are continuously buying gold. Along with this, there are also indications of reduction in interest rates from America, due to which people are buying gold in large quantities. Apart from this, investors are moving towards safer investment options. Due to all these reasons the price of gold is increasing.
At this time investment in gold is considered quite safe. Amidst the continuous fluctuations in the global market, gold is considered a safe investment option. Currently, due to increasing tension in the Middle East, people are moving towards safe investments.
