There is a continuous decline in the price of gold.
Gold Price: If there is a wedding in your house, then you have a great opportunity to buy gold cheaply. For the last few days, there is a continuous decline in the price of gold and silver (Gold-Silver latest rate).
New Delhi. If there is a wedding season in your house, then you have a great opportunity to buy gold cheaply. For the last few days, there is a continuous decline in the price of gold and silver (Gold-Silver latest rate). Gold is getting cheaper in the bullion market too. Gold futures have broken more than Rs 550 per 10 grams in the last four days. On Friday, a fall of Rs 354 was seen in the price of 10 grams of gold in the bullion market. With this, the rate of gold on MCX on Friday was Rs 48,300 per 10 grams. July futures silver has come to Rs 71,395.
Gold cheaper by about Rs 7900 from the highest level
Last year, due to the Corona crisis, people had invested heavily in gold, in August 2020, the price of 10 grams of gold on MCX reached the highest level of Rs 56191. Last year, gold gave a return of 43%. If compared with the highest level, then gold has broken up to 25%, gold is at the level of Rs 48300 per 10 grams on MCX, that is, it is still getting cheaper by Rs 7900.
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According to experts, the price of gold and silver may increase further. Corona virus can be a reason for the rise in gold prices. In a recent report, it has been told that the third wave of corona will also come in the coming months. Experts believe that gold will cross 50 thousand in the coming time, so this is the right time for investment.