- Gold fell below Rs 45,000 in the multi-commodity market on Monday.
- Gold prices and silver prices fell today.
- The fall in gold and silver prices is a matter of concern for investors
There are no signs that the fall in gold and silver prices in the commodity market will stop. Even experts are finding it difficult to predict how much cheaper gold will become. Gold and silver prices fell as commodity markets opened on Monday. Gold fell by Rs 250 and silver by Rs 1,400.
Gold traded at Rs 44,769 in the multi-commodity market on Monday. It has fallen by Rs 252. One kilo The price of silver 66180. It has fallen by Rs 1,347. Earlier, gold had fallen to Rs 44,720.
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According to the website Good Returns, the price of 22-carat gold fell by Rs 43,910 in Mumbai on Monday. 24-carat gold is priced at Rs 44,910. In Delhi, the price of 22-carat gold has gone up to Rs 48,380. Gold for 24 carats is priced at Rs 48,440. In Chennai, the price of 22 carats is Rs 42,490 and the price of 24 carats is Rs 46,350. In Kolkata, 22-carat gold is priced at Rs 44,540 and 24-carat gold is priced at Rs 47,210.
Given the role of the Federal Reserve’s credit policy and the economic situation in the United States, the dollar is unlikely to depreciate in the near term, according to Credit Suisse. As a result, US Treasury yields are likely to rise and gold will be affected. Gold prices are expected to fall to चा 1,700 an ounce in the next three to 12 months, Credit Suisse said in a report.
Financial planning; Start the new financial year like this Gold is trading at १७ 1,739 an ounce in global commodity markets. Tapan Patel, a commodities analyst at HDFC Securities, said volatility in global markets and the rising dollar have created a favorable environment for gold gains. Gold prices rose by Rs 168 in the Delhi bullion market on Friday. Gold had closed at Rs 44,580. Silver, on the other hand, declined by Rs 135. Silver was trading at Rs 66,706 per kg.