Good news: There will be a huge fall in the prices of gold and silver, this is the reason
Web Desk. The marriage season has began within the nation with Devuthani Ekadashi. People purchase gold and silver for marriage. There was a rise within the costs of each these valuable metals in the course of the festive season.
The excellent news for folks is that gold costs have fallen in the course of the wedding ceremony season. On the similar time, silver costs have additionally softened. Within the bullion market, the worth of gold and silver has gone up by 4-4 p.c this month. The costs of each had elevated by 6-6 p.c in October. The excellent news is that the worth of gold could fall within the coming instances.
In line with reviews, as a result of repeatedly strengthening greenback and weak international economic system, silver costs have fallen to a one-month low. On the similar time, gold costs have additionally been seen at their lowest stage in virtually 2 months. Gold and silver costs have declined within the home futures markets. The value of gold on MCX was Rs 74912 per gram on November 12. December futures of silver are additionally Rs 89251 per kg.
PC:CNBC
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