look news india
Gold and silver price in October: In the month of October this year, gold and silver have broken all previous records. Gold and silver prices have reached record highs in the bullion market. Meanwhile, the price of gold increased by Rs 4,360 per 10 grams in the month of October, while the price of silver increased by Rs 7,270 per kg.
Gold prices increased by Rs 16,200 this year
This year the price of gold increased by more than Rs 16,000 per 10 grams. Whereas the price of silver per kg has increased from Rs 73,395 to Rs 96,000. In this way, silver has also increased by more than Rs 23,000.
Due to geopolitical concerns, gold and silver prices have seen a rise in the world market. Gold is being purchased on a large scale by many central banks of the world. Apart from this, the cut in interest rates by the US Federal Reserve has also increased the prices of gold and silver.