The price of son-of-silver has risen slightly since the market opened on Thursday. At 11.10 am on 25-2-2011, the price of gold on the Multi Commodity Exchange rose by Tk 33.00 to Tk 46,550. Silver is trading at Rs 240244 per kg with a profit of Rs 101.00.
On Wednesday, gold fell by Rs 108 to Rs 46,307 in the capital’s Sarfa Bazaar. Silver also declined by Rs 66 to Rs 68,676 per kg.
In the last few months, the price of gold has decreased by 9 thousand rupees. The gold rate in August was Rs 52,200. According to market experts, demand will increase this year due to the decline in gold rates. The gold rate is expected to reach Rs 58,000 per 10 grams. As for silver, it is even estimated that it will touch the level of Rs 1 lakh.
If you keep more gold in the house, say that in reality, the government is going to make a big change in the rules for keeping gold in the house soon. The government will change the gold monetization scheme and all state-owned banks are being considered for inclusion in the scheme.