Gold-Silver Price Update: Chhat festival is going on today after Diwali. Also, if you can’t buy gold and silver on the occasion of Diwali, no need to despair, you can buy jewelery on the holy festival of Chhat. Let us tell you that if you plan to buy gold and silver on the occasion of Chhat then this is a good opportunity for you.
Let it be known that the price of gold and silver has decreased once again before the holidays. On Friday, the last day of this trading week, the Indian bullion market recorded a decline in silver as well as gold prices. On Friday, gold fell by Rs 277 per 10 grams and silver by Rs 221 per kg. Thus, gold closed at Rs 50502 per 10 grams and silver at Rs 57419 per piece on Friday.
During the festive season, the prices of gold and silver have been increasing continuously for several days. Let us inform you that the demand for gold and silver has suddenly increased during the festival season. It is expected that the price of gold and silver will increase. Traders say that this Diwali season, gold and silver prices may reach record levels again. Currently, new purchases have also come out from retailers. Despite the weak trend in international markets, a rise in gold and silver sets the tone for Diwali. Due to the constant movement in the stock market, investors have started to turn to precious metals.
Also, on Friday, gold fell by Rs 277 to close at Rs 50502 per 10 grams, while in previous trading on Thursday, gold rose by Rs 208 per 10 grams to close at Rs 50779 per 10 grams. On the other hand, silver declined by Rs 221 to close at Rs 57419 per kg, while silver fell by Rs 211 to close at Rs 57640 per kg.
We tell you that gold is currently selling below its all-time high of Rs 5698 per 10 grams. Let us tell you that gold reached an all-time high in August 2020. At that time, the price of gold rose to 56,200 rupees per ten grams. At the same time, silver is getting cheaper by around Rs 22561 per kg from its peak. The highest level of silver is Rs 79980 per kg.
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