Gold crossed 52 thousand, although silver prices fell this week. Gold Silver Price 6 August Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi | NewsBust Gold crossed 52 thousand, although silver prices fell this week. Gold Silver Price 6 August Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi | NewsBust

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Gold crossed 52 thousand, although silver prices fell this week. Gold Silver Price 6 August Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi

By Amit - August 6, 2022

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  • Gold Silver Price 6 August Update; Sona Chandi Ka Rate Per Gram Kya Hai In India Mumbai Delhi

New Delhi15 minutes ago

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There has been a great rise in the price of gold this week. According to the website of India Bullion and Jewelers Association (IBJA), gold has risen by Rs 614 this week in the bullion market. The beginning of this week, that is, on August 1, gold was at Rs 51,405, which has now reached Rs 52,019 per 10 grams.

gold price by carat

carat Price (Rs./10 gram)
24 52,019
23 51,811
22 47,649
18 39,014

fall in the price of silver
This week also silver has seen a fall of Rs 550. This week silver has slipped from Rs 57,912 to Rs 57,362 per kg. On Thursday this week, silver had crossed 58 thousand.

Gold can go up to 54 thousand
Experts say that even though there is pressure on gold right now, it is slowly fading away. As the risk of inflation and recession subsides a bit, gold will once again become costlier. According to Ajay Kedia, director of Kedia Advisory, gold can go up to Rs 54 thousand per 10 grams by the end of this year.

Avoid investing in gold right now
Experts say that if you are thinking of buying gold, then it would be better to wait a bit. After profit-booking, its prices will see a fall. Then its price in the domestic market is expected to come in the range of Rs 51,300-51,500 per 10. Buying at this price will be beneficial.

Anuj Gupta, Vice President (Research), IIFL Securities said that overall the outlook for gold is looking good. However, there is a possibility of profit-booking as the dollar index moves above the level of 105. After that it may show a slight decline. Then, a new round of bullishness may begin.

Find out gold rate by giving a missed call
You can easily find out the price of gold and silver sitting at home. For this, you just have to give a missed call on the number 8955664433 and the message will come on your phone. Here you can check the latest rates.

There is more news…

Amit

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