There is a relief news for consumers engaged in shopping of jewelery during the wedding season, that after four months, the gold has come down below fifty thousand rupees. Since August, its prices have fallen by about Rs 8,200. At the same time, silver prices have also dropped by Rs 16,000. Bullion experts say this is a good sign for business in the wedding season. In the coming days, there may be a slight correction in its prices.
On the last day of the week on Saturday, gold in the Raipur Sarafa market was Rs 49,800 per ten grams (standard) and silver was Rs 60,800 per kg. Talking about the last five days, gold has become cheaper by about Rs 2,000 and silver has become cheaper by Rs 4,200. On the other hand, if compared with August, gold prices have fallen by Rs 8,200 and silver by Rs 16,000.Harakh Malu, president of Raipur Sarafa Association, said that the decline has been due to the impact of the international market. Recently, the effect of the drug companies saying that the Corona vaccine is up to 95 percent effective has also been seen in the market. With this, the rupee has also strengthened slightly.
