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- Gold Silver Price Prediction June 2021 Latest Update; Sona Chandi Ke Bhaw Rise Once Again This Week
New Delhi2 hours ago
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Gold and silver prices have seen an increase once again this week. This week gold has become costlier by Rs 450 to Rs 49,028 per 10 grams. On June 4, gold was at Rs 48,578 in the bullion market. On the other hand, in the last one week, silver has also become expensive by Rs 1,972 and has reached Rs 72,139 thousand per kg. On May 28, it was at Rs 70,167.
Gold and silver shine brightly in April and May
Gold has become costlier by Rs 2,241 in the month of May. On April 30, gold was at Rs 46,791 per 10 grams, which reached Rs 49,032 on May 31. On the other hand, when it comes to silver, it was at Rs 67,800 per kg on 30 April, which reached Rs 71,350 on 31 May. That is, in May itself, it has become expensive by Rs 3,550. Earlier in April, gold became costlier by Rs 2,601 and silver by Rs 4,938.
By the end of the year gold can go up to 57 thousand
According to Surendra Mehta, secretary of the country’s largest jewelery organization Indian Bullion and Jewelers Association, it is said that gold has again increased in the second wave of Corona. In view of this, by the end of this year gold can go up to Rs 55 to 57 thousand per 10 grams.
Last year gold had reached 56 thousand
By the time Corona was at its peak last year, the price of gold had reached its all-time high. In August 2020, the record level of Rs 56,200 was reached. At that time, there was an atmosphere of fear among investors due to the Corona epidemic. At this time, once again such an atmosphere will be created.
Increasing demand for gold in the country
According to the latest data of the Ministry of Commerce, in April, gold imports worth $ 6.3 billion, about 46 thousand crore rupees, have been done. In the same period a year ago, only $2.82 million was imported gold worth about Rs 21.61 crore. That is, now the demand for gold has started increasing.