Gold cost On February 20th, the trend of gold and silver price declines came to an end. The prices of both precious metals increased again on the first trading day of the week. Those who purchased gold and silver up until two days ago have benefited from it. Please provide the most recent price.
Silver fell below the 65000 mark on Friday, and gold hit a high of Rs 56,200. It has recently started to pick up speed once more. By Diwali, according to market analysts, gold will likely reach Rs. 65,000 and silver Rs. 80,000.
On the MCX, gold and silver are up.
Today, the yellow metal opened with a green mark after the continuous decline in gold and silver over the previous few days. On the Multi Commodity Exchange, gold reached Rs. 58,000 and silver reached Rs. 71,000 two weeks ago (MCX).
Silver increased by Rs 160 per kg to Rs 65791 per kg on Monday, and gold increased by Rs 66 to Rs 56323 per kg. Silver had previously closed on Friday at Rs. 56257 and Rs.
The bullion market is also booming.
Monday saw a sharp increase in the price of gold and silver following Friday. The India Bullions Association (https://ibjarates.com) announced on Monday that the price of 24 karat gold had increased by more than Rs 400 to reach Rs 56587 per ounce.
The cost of silver increased as well, rising by more than 1200 rupees to Rs 65712 per kg. Silver closed at Rs. 64500 per kg and gold at Rs. 56175 per 10 grammes on Friday.
3% GST and making fees must be paid separately when purchasing gold. If you purchase gold today, in addition to the market price of Rs 56,587 for one gramme, you will also be required to pay GST and making fees. On Monday, the price of 10 grammes of 23-carat gold was Rs 56360, that of 22-carat gold was Rs 51834, and the price of 18-carat gold was Rs 42440.
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