AHMEDABAD: Gold and silver are expected to recover again in the coming festive season. Today, the gold price rose by Rs 500 in the Ahmedabad bullion market and the price per 10 grams. 52,500. So the silver continued to advance for the second day in a row. Today, the price of silver per kg on Friday. 61,500 which shows a rise of Rs.1000 compared to yesterday. Last Thursday, silver was trading at Rs. Was 60,500. Thus, in the last two days, silver has recovered by Rs 2,000.
Gold is quoted above 19 1900 and silver above 24 24 in the global market. This is due to the weakness of the dollar following the uncertainty in the US economy. There is still uncertainty in the United States about the relief package.
Gold rose લર 25.20 to 19 1919 a troy ounce in global markets. So silver was trading at .4 24.46 an ounce in modest strength. In percentage terms, prices of both the precious metals rose by 1.33 per cent and 2.58 per cent, respectively.
Gold traded higher at Rs. 236 to Rs. 51,558 per 10 grams. So silver is worth Rs. 376 to Rs. 62,775 per kg.
Gold is still so cheap at the highest price
In August this year, the prices of both the precious metals reached their maximum. In August, the price of 10 grams of gold touched Rs 50,200 and silver Rs 80,000. But September saw a decline in the prices of both the precious metals. Thus, the price of gold has come down by about Rs 6,000 per 10 grams.