look news india
The price of gold has come down drastically. The price of gold can be seen further in comparison to tomorrow. The price of gold on Friday 27 June is as follows. The price of 10 grams of gold of 24 carats is Rs 97,360. The price of 10 grams of gold of 22 carats is Rs 90,700. The price of one kilo of silver is Rs 1,10,100.
The price of gold has continued to decline continuously for the last four days. The price of gold, which has crossed one lakh rupees at one time, has slowly reduced to 97 thousand rupees. That is, compared to all time records, the price of gold has decreased by about 5000 rupees.
The main reason for the fall in gold prices is the fall in gold prices in the international market. Gold prices are declining, especially after the tension in West Asian countries decreased. Another major reason for the fall in gold prices is recovery in profits in international stock markets.
If we look at the prices of gold last year, we will find that there has been a lot of jump in them. In June last year, the price of gold was close to Rs 75,000. Since then, the price of gold has continued to rise and now it has reached close to 1 lakh rupees. The main reason for the huge surge in gold prices is the status of international markets.
In particular, investors consider gold as safe investment and whenever the stock market is weak, they invest in large quantities in gold. As a result, gold prices can be seen significantly.
In view of the huge bounce in gold prices, experts say that those who buy gold jewelery should be very careful. They warns against any kind of agreement with gold weight or quality.