Gold reached 69 thousand for the primary time: It was being bought at Rs 68,964 per 10 grams, silver once more crossed 75 thousand.

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  • Gold Worth At this time (1 April); What’s the value of gold and silver as we speak? Enterprise Information

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Gold has reached all time excessive as we speak i.e. on 1st April. In line with the web site of India Bullion and Jewelers Affiliation (IBJA), 10 grams of gold has turn into costlier by Rs 1,712 to Rs 68,964. Earlier this month, on March 28, gold had made an all-time excessive of Rs 67,252 per 10 grams.

Silver has additionally seen an increase as we speak. It has turn into costlier by Rs 1,273 and has reached Rs 75,400 per kg. Earlier it was at Rs 74,127. Silver had made an all-time excessive of 77,073 on December 4 final yr, i.e. in 2023.

4 causes for the rise in gold:

  1. Concern of worldwide recession in 2024
  2. Demand for gold elevated as a result of wedding ceremony season
  3. Greenback index has weakened
  4. Central banks world wide are shopping for gold

Gold turned costlier by greater than Rs 4 thousand in March
There was a spectacular rise within the value of gold within the final month i.e. March. On March 1, gold was at Rs 62,592 per gram, which reached Rs 67,252 per gram on March 31. Which means its value elevated by Rs 4,660 in March. On the identical time, silver additionally elevated from Rs 69,977 to Rs 74,127 per kg.

Gold can go as much as Rs 70 thousand
In line with market consultants, an increase in gold costs could also be seen within the coming days. On account of this, by the top of this yr, gold can go as much as Rs 70 thousand per 10 grams. On the identical time, silver can even attain Rs 75 thousand per kg.

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2024-04-01 06:43:47
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