Gold becomes Expensive on Karwa Chauth: On the fourth day of the trading week, there was a big fall in precious metals. The ongoing decline in precious metals was seen changing today. Gold prices rose on the day of Karva Chauth, while silver continued to decline. On the fourth day of the trading week, there was a mixed effect in precious metals. There was a rise in gold prices and a bearish phase was seen in silver. Gold remained sharp in only 24 carats. Despite the demand pressure in the festive season in silver, prices declined. Due to the changed equations in the international market also, there was a fall in gold and silver prices. The precious metals remained bearish due to a weak trend of investors.
Today, gold prices rose by Rs 50 per ten grams in the domestic market of Jaipur, while silver prices showed a slowdown of Rs 500 per kg. Gold 24 carat price in Jaipur has been Rs 52 thousand 100 per ten grams. According to the prices released by the Jaipur Sarafa Committee, gold jewelery was Rs 49,900, gold 18 carat was Rs 42,700 per ten grams. Gold was 14 karat at Rs 33,700 per ten grams.
There was a big fall in silver prices even today, the prices were 58 thousand 300 rupees per kg today. There was a fall of Rs 500 per kg in the silver Jaipur market today. Festive demand remained in the domestic market. On the occasion of Karva Chauth, gold and silver prices fell for the fourth consecutive day.
Jaipur bullion committee released the price
Gold prices jump by Rs 50 per ten grams
Silver prices fall by Rs 500 per kg
Gold 24 carat at the level of Rs 52,100 per ten grams
Gold jewelery at Rs 49,900 per ten grams
Gold 18 carat stood at Rs 42,700 per ten grams
Gold 14 carat at Rs 33,700 per ten grams
Silver prices were 58 thousand 300 rupees per kg
Also read- Gold-Silver Price Update: A golden opportunity to get gold and silver before Karva Chauth, know today’s latest price
In the festive season, the prices of gold and silver have been seeing a steady increase for some time now. Let us tell you that the demand for gold and silver has suddenly increased during the festive season. It is believed that there will be an increase in the prices of gold and silver. Traders say that this time during the Diwali season once again the prices of gold and silver can reach their record level. At present, new purchases have also come out from the retail shopkeepers. Despite the weak trend in the international market, the rise in gold and silver is telling the tone of Diwali. Due to the continuous movement in the stock market, investors have started turning towards precious metals.