Mumbai: On the days of festivals and weddings, customers throng to buy gold. After Gudi Padwa, there are moments of marriage in the new year. Consumers are preferring to buy gold these days. Russia-Ukraine gold prices have risen in the past three weeks because of the war. But now there is a fall in the prices of gold.
Gold was priced at Rs 51,710 per ounce on the Multi Commodity Exchange (MCX) today. The price of silver is Rs 66333 per kg. Although there has been a marginal increase in gold prices on MCX, but these rates are lower than the last 3 weeks. Gold prices rose during the Russo-Ukraine War.
The price of gold in Mumbai was Rs 52,140 per ounce. There is no change in gold prices since yesterday. The price of silver in Mumbai was Rs 66,200 per kg.
good time to buy gold and silver
If you are also thinking of buying gold and silver, then now is a good time for you. Due to the Russo-Ukraine war, the world market is in a constant state of decline. At present the market situation is gradually improving.
There is a lot of demand for gold in the country during festivals and weddings. Therefore, these consumers can benefit from lower gold prices.