New Delhi. Gold has been witnessing huge fluctuations in prices for quite some time. Gold is sometimes getting expensive and sometimes cheaper. In the same sequence yesterday, gold prices had increased by 50 rupees, but today it became cheaper again. Today, on Wednesday, gold opened down by 251 rupees. At the same time, it had closed at the rate of Rs 50109 per 10 gram in the previous session, but today was trading at the price of Rs 49688 per 10 gram. Along with this, gold for April delivery was also down by Rs 379 and was trading at Rs 49750.
Explain that due to the substantial increase in the prices of gold and silver in the global market, on Tuesday, gold prices saw a rise of Rs 816, while silver also rose by Rs 3,063 to Rs 64,361 per kg. While the previous closing price was Rs 61,298. In the international market, gold was at a profit of $ 1,864 an ounce while silver remained almost flat at $ 24.52 an ounce.
Fierce shopping
Significantly, despite the record level inflation in gold, there was a strong purchase of gold and silver jewelery in the festive season. Gold and silver sales rose 16 per cent in November over October. However, gold sales in this session have fallen by 70 percent as compared to the previous session. This was revealed in a report. According to the report, compared to earlier, this time the trend of people was less towards gold. This time people paid more attention to buying small size gold jewelery.
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