look news india
The prices of gold and silver keep fluctuating constantly. Looked at this way, the price of gold is falling, but in terms of investment, gold is giving good returns to the investors. Because gold prices are increasing day by day. Then if we talk about the price of gold on December 27, the price of gold has increased in the country. In most cities of the country, the price of 24 carat gold is trading around Rs 77,800. Whereas the price of 22 carat gold is trading around Rs 71,300.
What is the price of silver?
One kg of silver is trading at Rs 91,600 in the country. Today it has increased by Rs 100 as compared to yesterday.
Gold continues to rise
Commodity expert Jatin Trivedi of LKP Securities said that despite the aggressive stance of the US Federal Reserve, the market was supported by the possibility of a rate cut. Globally, gold futures on Comex rose $9.10 to $2,644.60 an ounce. Despite weak trading activity due to holidays, gold and silver markets remained bullish.
Another opportunity to invest in gold
Generally, gold prices increase during the wedding season but recently it has seen a decline. In the last budget, Finance Minister Nirmala Sitharaman had reduced the duty on gold, due to which its price fell by Rs 6,000. Now gold has come down from its highest level and is trading in a certain range. Experts believe that by 2025 the price of gold can reach Rs 90,000 per 10 grams.