Gold and silver prices rose on increased demand


Gold and silver are once again shining during the festive season. Gold and silver prices have risen this week. Of India Bullion and Jewelers Association (IBJA) According to the website, this week Gold rose by Rs 1,159 to Rs 48,125 per 10 grams. It was Rs 46,966 earlier this week. In the bullion market, silver rose by Rs 1,915 to Rs 63,290 per kg. It was at Rs 61,375 per kg earlier this week.

Increased gold and silver
Increased gold and silver

In the bullion market, gold has risen by Rs 1,658 so far this month. On October 1, it was Rs 46,467 per 10 grams, which has now risen to Rs 48,125. On the other hand, when it comes to silver, it was Rs 59,408 per kg on October 1, which has now risen to Rs 63,290. In October, silver rose by Rs 3,882. The demand for gold in the country is increasing during the festivals. Last month, in September, 91 tonnes of gold was imported. This is 658% more than in September 2020 and 250% more than before the onset of the Kovid epidemic in September 2019. A 20% drop in gold prices compared to last year and the prospect of better festive demand this year have boosted gold imports.

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