- Fall in gold prices
- Customers are seen in shops for shopping
- For the last few days, the decline in the price of gold is hurting.
Gold Silver Price Today: After the fall in the prices of gold, a large number of people are reaching the shops to shop. On increasing the movement of people at a shop in Surat, Gujarat, the bullion merchant told that when Corona started, the price was Rs 37,000 per 10 grams but it had gone beyond Rs 50,000 for a long time. Now gold has become cheaper. “For your information, let us know that gold has become cheaper by about 12,000 rupees per 10 grams in the last seven months. In August 2020, the price of gold was Rs 56,200.
Gujarat: After the steep fall in the prices of gold, a large number of people are arriving in Surat to buy gold.
A bullion trader said, “Corona started when the price was Rs 37,000 per 10 grams but it had gone beyond Rs 50,000 for a long time. Now gold has become cheaper.” pic.twitter.com/IIH22xNBLg
– ANI_HindiNews (@AHindinews) March 14, 2021
In Delhi Bullion Market, the price of gold is at Rs 44,710 per 10 grams on 14 March. In the previous trading session, gold had closed at Rs 44,350 per 10 grams. Silver also dropped by Rs 1,096 to Rs 65,958 per kg. The previous closing price of silver was Rs 67,054 per kg.
According to experts, the impact of fluctuations in the stock market on the price of gold is less. Instead, the effect of crude oil, dollar, bond yields and geopolitical conditions is visible on gold. Usually people do not buy gold ornaments till 10 days before and 10 days after Holi. In such a situation, with the commencement of Navratri from April 13, the right time for gold shopping and subscription will also increase.