Gold became cheaper for the 5th consecutive day, silver also declined
Gold Silver Price, 31 March 2021: Gold prices have fallen again for the 5th consecutive day, while the price of silver was also seen today. Let us know that the price of gold has come down to one year low.
New Gold Prices: On Wednesday, the price of gold reached Rs 44,300 per 10 grams in Delhi Sarafa Bazar. Which is the lowest level of a year. On the other hand, spot gold fell 0.1% to $ 1,683.56 an ounce in the international market.
New Silver Prices: Silver prices also saw a decrease on Wednesday. Silver fell 0.8% to Rs 62,617 per kg in Delhi Bullion Market. Silver remained steady at $ 24.01 an ounce in the international market today.
Gold and Silver Rate: Let us know that for the last five days, there has been a steady decline in the price of gold. Yesterday, the price of gold was Rs 44,538 per 10 grams, while silver was Rs 63,985 per kg.ALSO READ: PAN-Aadhaar Linking Last Date: Today is the last day to link PAN with Aadhaar, how to link quickly
Will gold prices fall further? Experts believe that the weakening of gold prices may not be for long. Weakness in the dollar, rising inflationary pressures and monetary expansion have had a direct impact on the gold price.
Good chance to buy gold: There is a strong demand for gold in the domestic market. The wedding season is going on and the prices have come down considerably. In such a situation, the pressure of demand will increase further. In this sense, the fall in prices is a matter of short term. Gold will bounce back soon. This is why it is the most golden maca of buying gold jewelery.