Gold prices in the national capital fell by Rs 6,799 per ten grams to Rs 44,760 on Tuesday. According to HDFC Securities, gold was trading at Rs 45,439 per 10 grams in the previous session. The rupee has depreciated against the dollar in line with global markets.
Silver has become cheaper by Rs 1,847
Silver also declined by Rs 1.77 per kg to Rs 67,67,073. Stands for rupee. Silver was off at .00 rupees. 68,920 on the previous trading day. The price of gold in the international market was ১ 17,771 an ounce and silver was ২ 2.08 an ounce.
The government is selling gold at an affordable price for 10 months
If you want to invest in gold, this is the right time for you. The central government has launched a sovereign gold bond scheme. The twelfth series of Sovereign Gold Onds has started from March 1 and you will be able to invest in it by March 5. This project is the most important thing in the last series of the current financial year. At the lower level. The Reserve Bank of India has set the price of gold subscription at Rs 4,6622 per gram. If you apply online, you will get a discount of Rs 50 per gram, which means you will spend Rs 4,612 per gram of gold.
The main reason for price fluctuations
The fluctuations in the US dollar, the growing incidence of chronoviruses and related restrictions, mixed economic data from large economies and additional stimulus measures have led to fluctuations in gold and silver prices. Analysts say the biggest reason for the rise in gold prices over the past few weeks is the advance on the vaccine front.