There has been a fall in the price of gold and silver today. Gold opened with a rise on the Multi Commodity Exchange today, a rise of Rs 73 was seen in the yellow metal. But gradually it declined. After 1 pm, there was a fall of Rs 91 in gold. With a fall, it was trading at Rs 47482 per 10 grams. The highest price of gold was Rs 47,531 and the lowest price was Rs 47,411.
Talking about silver, its price has also seen a decline. Silver was trading lower by Rs 51 at Rs 67,086 per kg. Talking about the data for the whole week, there has been a jump in the price of gold and a fall in the price of silver.
Gold price will rise in coming time
Economic activities are improving in view of the slowing down of the second wave of Corona epidemic in the country and the increasing pace of vaccination. There is a spurt in economic activities every day. If commodity experts are to be believed, economic activities will accelerate further with the improvement in the coming time. Due to which the purchase of gold will also increase. If the purchase increases, then the demand is bound to increase, due to which the price of gold will also jump.
investment in gold can increase
Inflation is touching the sky everyday. The rate of inflation is increasing in every sector. If this trend of inflation continues like this, then people can invest in gold, this has been commonly seen.