Gold And Silver Price Update: Gold And Silver Witnesses Continues Fall In It’s Price

Gold And Silver Price Update: If you want to buy gold or silver, then there is good news for you. In fact, a fall in the rates of gold and silver has been recorded in the Indian bullion market on Friday. Ten grams of gold has become cheaper to Rs 50,314. At the same time, the rates of one kg of silver have also come down and now it is being sold for Rs 56,254. HDFC Securities has given this information.

In the Delhi bullion market, gold prices declined by Rs 163 per 10 grams to close at Rs 50,314 per 10 grams. During the last trading session, gold had closed at Rs 50,477 per 10 grams in the Delhi bullion market.

Silver prices in the Delhi bullion market closed at Rs 56,254 per kg after falling by Rs 195. During the last trading session, silver had closed at Rs 56,449 per kg in the Delhi bullion market.

You can easily find out these rates sitting at home. For this, you just have to give a missed call on this number 8955664433 and a message will come on your phone, in which you can check the latest rates.

The central government has increased the import duty on gold by five percent. Import duty has been increased from 7.5% to 12.5%. The increase in the import duty of the government will increase the prices of gold in the country. The government has taken this step to reduce the demand for gold in the country.

It is worth noting that Gems and Jewelery exports have increased in 2021-22 and have increased by about 55 percent to $ 39.15 billion as compared to the previous financial year. Industry body Gems and Jewelery Export Promotion Council (GJEPC) said that the gross export of gems and jewelery stood at $ 25.40 billion in 2020-21.

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