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On Tuesday, the second day of the trading week, there is a tremendous fall in the prices of gold and silver. Today gold has seen a fall of 1.61 percent. With this, gold is selling at Rs 47,050 per ten grams.
New Delhi. Fluctuations are being seen in gold and silver in the global market today. On Tuesday (August 10, 2021), the second day of the trading week, gold and silver prices are seeing a tremendous decline. Today gold has seen a fall of 1.61 percent. With this, gold is selling at Rs 47,050 per ten grams. At the same time, silver has also registered a tremendous decline. Gold prices have fallen by Rs 1,700 and silver by Rs 4,000 in just two days. One kg silver is down by 3.63 percent at Rs 64,230. On the previous day, 10 grams of gold was down by 2.03 percent at Rs 47,820.00. On the other hand, if we talk about silver, then one kg of silver was selling at Rs 66,650 with a fall of 2.89 percent.
10 grams gold price
Looking at the gold prices in major cities, the price of 22 carat gold in Delhi is 42,973 and 24 carat gold is running at 46,880. In Mumbai, 22 carat gold is running at 43,047 and 24 carat gold at 46,960. In Kolkata, 22 carat gold is Rs 42,992, while 24 carat gold is Rs 46,900. The price of 22 carat gold in Chennai is 43,166 and 24 carat is Rs 46,900. These prices are per 10 grams of gold.
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Gold cheaper by around Rs 9,320 from the highest level
Gold is still selling cheaper by around Rs 9,320 per ten grams than its all-time record level. Gold prices have been increasing continuously for the last several days. Gold had reached an all-time high in August 2020. At that time gold had reached the level of Rs 56,200 per ten grams.
Will have to wait a little for investment
Experts say that silver can come from $ 26 to $ 26.50 an ounce. Its effect can also be seen in the Indian market. Gold can once again come around 45,000 thousand per ten grams and silver 68 thousand per kg. In such a situation, those who are preparing to invest in gold and silver, it would be better for them to wait a little.
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buy gold only after seeing hallmark
While buying gold, keep in mind its quality. Gold jewelery should be bought only after seeing the hallmark. The hallmark is a government guarantee of gold and the Bureau of Indian Standards (BIS) is the only agency in India that determines the hallmark. Hallmarking scheme works under the Bureau of Indian Standards Act, rules and regulation.
Gold will reach Rs 60,000
Experts believe that by the end of the year, the price of gold may reach its previous record level. Market experts say that gold can reach Rs 60,000 by the end of this year.