Today Gold-Silver Rate: Silver crosses 4 lakh mark, new record for gold
What is currently happening in the bullion market is truly astonishing. Silver has crossed the 4 lakh rupees per kilo mark for the first time, while gold has also set a new record of 1.75 lakh for 10 grams. Traders are predicting that these rates may increase further in a few days.
Big Leap in Just One Day
There has been a sudden surge in silver prices. On MCX, the price of silver has crossed 4 lakh, with an increase of thousands of rupees seen in just 24 hours. In the past few days, silver has taken consecutive big leaps and reached a historic level.
Gold's Shine Too
Along with silver, gold has also gained momentum. On MCX, the price of gold has gone above 1.75 lakh for 10 grams. In the local market too, gold is becoming more expensive day by day, increasing the concern of buyers.
Price Surge in Jalgaon
The situation in Jalgaon's market is even more serious. In just 24 hours, both gold and silver have become more expensive. Including GST, gold is nearing 2 lakh, while silver has crossed 4 lakh. Such an increase in such a short time has happened for the first time.
Why are prices rising?
According to experts, international developments are responsible for this.
The American dollar is weakening
Investors are seeking safe options
As a result, a large amount of money is turning towards gold and silver