Gold Price Today: The fall in the price of gold and silver continued on Wednesday as well. In the bullion market, the price of yellow metal is running at the low level of two months. Simultaneously, the price of silver fell to Rs 62,882 per kg.
Gold Price Today: The cycle of fall in the price of gold and silver continues even a day after Akshaya Tritiya. For the fourth consecutive day, the rate of gold continues to fall. On Wednesday, both MCX and bullion market closed the yellow metal falling down.
silver below 63 thousand
On Wednesday, the price of gold on MCX (MCX Gold Price) fell by 0.23 percent to Rs 50,690 per 10 grams. The price of silver fell by 0.26 percent. The price of silver fell to Rs 62,882 per kg.
24 carat gold price
According to the website of IBJA, the price of 24-carat gold fell on Wednesday and closed at Rs 51055 per 10 grams in the evening. Apart from this, 22 carat gold 50851 and 20 carat gold is being sold for Rs 46766 per 10 grams.
two month low
Silver of 999 purity reached 62538 per kg on Wednesday. Let us tell you that the price of gold in the bullion market is at the lowest level of the last two months. According to IBJA, earlier on February 28, 2022, the price of gold was Rs 50696 per 10 grams. Since February 28, there was a rise in the price of gold.
Reason for fall in gold and silver
To curb rising inflation, there is a possibility of a hike in the interest rate from the Federal Reserve. Experts expect the interest rate to increase by 50 basis points. On the other hand, RBI has increased the repo rate by 40 paise basis points to check inflation.
how to check gold and silver rate
If you also want to check the rate of gold and silver, then for this give a missed call on mobile number 8955664433. You can check the latest rates in the message received on the phone by making a missed call. Apart from the rate issued on IBJA, you also have to pay GST.
