Gold prices rose in the national capital on Tuesday, but silver fell. In the national capital, gold rose by Tk 11 to Rs 44,3744 today. According to HDFC Securities, gold was trading at Rs 44,256 per 10 grams in the previous session. Gold prices have become more expensive in the domestic market due to rising global prices.
Silver has become cheaper by 117 rupees
Speaking of silver, it has come down by Rs 117 per kg to Rs 5,299. Silver closed at Rs 65,416 on the previous trading day. In the international market, gold reached 1, 1,738 per ounce, while silver was at .5 25.53 an ounce.
Sales of 9000 kg digital gold in three years
In the last three years, 8,000 to 9,000 kg of digital gold has been bought and sold in the country. So far seven to eight crore people have invested. Experts associated with the business say there is always a risk among middle-class families of gold price fluctuations and theft when kept at home. At the same time, there is no problem in buying digital gold. He says digital gold is also becoming a stronghold as technology and new ways of investing are being explored.
What is Digital Gold?
Although it has already been practiced abroad, in India it has been on the rise for three years. Digital gold means that when anyone buys gold online, the bullet companies keep that price of gold in their lockers. In return the customer receives a receipt. As you continue to invest in it, the amount of gold in your locker increases. If necessary, you can also sell online.
India is the largest importer of gold
India is the largest importer of gold in the world. Gold is mainly imported to meet the demand of the jewelery industry. India imports 800 to 900 tons of gold a year by volume. A stronger dollar makes gold more expensive for other currency holders.