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On Tuesday (August 17, 2021) gold and silver prices have registered a rise. 10 grams of gold is up by 0.60 percent at Rs 48,420. On the other hand, when it comes to silver, it has seen an increase in prices.
New Delhi. Fluctuations are being seen in gold and silver in the global market today. On Tuesday (August 17, 2021) the second day of the trading week, the prices of gold and silver have registered a rise. 10 grams of gold is up by 0.60 percent at Rs 48,420. On the other hand, when it comes to silver, it has seen an increase in prices. One kg silver is down by 0.35 percent at Rs 65,070. Earlier on Monday, there was a rise in the price of gold and a fall in silver. 10 grams of gold rose 1.24 percent and one kilogram silver was down by 2.22 percent.
10 grams gold price
Looking at the gold prices in major cities, the price of 22 carat gold in Delhi is 44,825 and 24 carat gold is running at 48,250. In Mumbai, 22 carat gold is running at 44,303 and 24 carat gold at 48,330. 22 carat gold in Kolkata is Rs 44,248, while 24 carat gold is Rs 48,270. The price of 22 carat gold in Chennai is 44,431 and 24 carat is at Rs 48,470. These prices are per 10 grams of gold.
|name of the city||22 carat gold price||24 carat gold rate|
Gold cheaper by around Rs 8,070 from the highest level
Gold is still selling cheaper by about Rs 8,070 per ten grams from its all-time high. 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.
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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.