Price of Gold and Silver: An Overview from Last Trading Week

Short Summary

• A new trading week is ranging from yesterday.
• Within the last trading week, both gold and silver saw a fall in their prices.
• In such a situation, today, everyone's eyes are going to be on how the gold and silver bullion market behaves.
• The thing is that gold has become cheaper by about Rs 10000 from its highest level, while silver has become cheaper by Rs 19000.
• Let us tell you that the Indian Bull and Jewelers Association (IBJA) doesn't release gold and silver rates on Saturdays and Sundays, thanks to the holidays.

A new trading week is ranging from yesterday. Within the last trading week, both gold and silver saw a fall in their prices. In such a situation, today, everyone's eyes are going to be on how the gold and silver bullion market behaves. Gold and silver prices have continued to fall within the last trading week. The thing is that gold has become cheaper by about Rs 10000 from its highest level, while silver has become cheaper by Rs 19000.

Let us tell you that the Indian Bull and Jewelers Association (IBJA) doesn't release gold and silver rates on Saturdays and Sundays, thanks to the holidays. If the experts are to be believed, the worth of gold may fall further within the coming days.

On the Judgment Day of this trading week, there was an enormous fall within the price of silver alongside gold on Friday. Consistent with HDFC Securities, gold fell by Rs 1130 to Rs 45207 per 10 grams on Friday. On the previous trading day, gold had closed at Rs 46337 per 10 grams on Thursday.

At an equivalent time, the worth of silver was also recorded at Rs 708. Silver this fall closed at Rs 60183 per kg. Earlier, on the last trading day on Thursday, silver had closed at Rs 60891 per kg.

According to the website of India Bullion and Jewelers Association (IBJA), gold and silver prices also declined on Friday. The worth of 24 carats 10 grams of gold stood at Rs 46310. On the opposite hand, silver closed at Rs 61131 per kg.