Gold Silver Price: Gold, which reached the record level in the past, is now falling below Rs 61,000. Similarly, silver is also trading below Rs.72,000. On Thursday again a fall in the price of gold and silver was seen in the bullion market.
Gold Price 18th May: After the rise in the price of gold and silver in the last days, now it is seeing a continuous decline. The common man is getting the benefit of the fall in the rates of both the precious metals. Gold, which reached record level in the last days, is now falling below Rs.61,000. Similarly, silver is also trading below Rs.72,000. On Thursday again a fall in the price of gold and silver was seen in the bullion market. On the other hand, there is a declining trend in the Multi-Commodity Exchange (MCX).
Gold will go at Rs 65,000 per 10 grams!
Those planning to buy jewelery made of gold and silver will get more benefits than before if they buy at this time. That means you will have to spend less money now. There is a softening in the Multi-Commodity Exchange (MCX) on Thursday. The price of gold and silver had reached the record level in the last few days. Experts estimate that this time the rate of gold can go up to Rs 65,000 per 10 grams in the Diwali season. Similarly, the rate of silver is likely to go up to Rs 80,000.
Mixed trend in the market on MCX
Gold and silver rates fell on the Multi-Commodity Exchange (MCX) on Thursday. On Thursday, silver fell by Rs 350 to Rs 72312 per kg and gold fell by Rs 90 to trade at Rs 60055 per 10 grams on MCX. Earlier on Wednesday, gold had closed at Rs 60145 per 10 grams and silver at Rs 72658 per kg.
Fall continues in bullion market as well
Bullion market prices are issued daily by https://ibjarates.com . According to the rate released on Thursday, gold fell from Rs 134 to Rs 60512 per 10 grams. Similarly, a fall of Rs 63 was also seen in silver and it reached Rs 71745 per kg. Earlier on Wednesday, the rate of silver had closed at Rs 71808 and gold at Rs 60646.
On Thursday, the price of 23 carat gold reached Rs 60270, 22 carat gold at Rs 55429 and 20 carat gold at Rs 45384 per 10 grams in the bullion market. The rate of gold and silver has been continuously declining for some time. Generally people take 22 carat gold for jewellery, in this case you will have to pay Rs 55429 for 10 grams. Apart from this, GST and making charge will be different.
