Gold prices reached sky high, silver also became expensive, you will be surprised to know the prices

Today i.e. on 1st April, gold has reached its highest level till date. According to the website of India Bullion and Jewelers Association, 10 grams of gold has become costlier by Rs 1,712 to Rs 68,964. So far this year, gold prices have increased by Rs 5662 in just 3 months. On January 1, gold was at Rs 63302. At the same time, an increase has been seen in silver today. It has increased by Rs 1273 to Rs 75,400 per kg. Earlier it was at Rs 74,127. Let us tell you that last year i.e. in 2023, silver had made an all-time high of 77,073 on December 4.

price of gold and silver today

Actually, 4 main reasons are believed to be behind the rising prices of gold. The biggest reason for increasing gold prices is the fear of recession in the world. Apart from this, there is huge demand for central banks also during shopping and wedding seasons. The dollar index has also weakened. It is noteworthy that so far in March, there has been a tremendous rise in the prices of gold and silver.

Let us tell you that in the last month i.e. March, there has been a tremendous increase in the price of gold. On March 1, gold was at Rs 62,592 per gram, which increased to Rs 67,252 per gram on March 31. That means its price increased by Rs 4,660 in March. Silver also increased from Rs 69,977 to Rs 74,127 per kg.

price of gold and silver today

According to market experts, a rise in gold prices may be seen in the coming days. With this, gold can go up to Rs 72 thousand per 10 grams by the end of this year. Whereas silver can also reach Rs 75 thousand per kg.