Gold And Silver Prices Update: Gold and silver price continued to fall for the fourth consecutive day. On Thursday, gold prices fell by Rs 50 per ten grams and silver by Rs 200 per kg. Gold 24 carat stood at Rs 52,000 per ten grams while gold jewelery stood at Rs 49,800 per ten grams. Gold 18 carat stood at Rs 41,700 per ten grams.
Gold 14 carat stood at Rs 33,500 per ten grams. Silver prices in Jaipur stood at Rs 57,800 per kg.
In this trading week of July, gold and silver prices have continued to fall for three consecutive days. Even today, gold and silver prices showed a bearish trend. In Jaipur’s bullion market, only 24 carat gold declined, gold remained stable in other segments.
The effect of reduction in demand pressure in the international market is on the precious metals. Gold 24 carat today remained at the level of Rs 52 thousand per ten grams. Silver also remained below Rs 58 thousand per kg.
The buying phase in the domestic market remained slow even today. Customers remained sluggish due to lack of new demand. According to the prices released by the Jaipur Bullion Committee, there was a fall in gold prices by Rs 50 per ten grams. Domestic demand for gold 22, 18 and 14 carat remained normal today. Gold 24 carat stood at Rs 52,000 per 10 grams. Today gold jewelery was Rs 49,800, gold 18 carat was Rs 41,700 per ten grams. Gold was 14 Carat at Rs 33,500 per ten grams.
Silver prices today recorded a slowdown of Rs 200 per kg. Silver today stood at Rs 57 thousand 800 per kg. Industrial demand for silver saw a decline today. Wholesale buyers also stayed away from fresh purchases. Market demand is sluggish due to the fall in export demand.
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