New Delhi: Gold, which set a new fast record in the Corona period, faded by November. At the same time, silver color has also been blown away by the positive news of covid-19 vaccine.
Gold has become cheaper by Rs 7425 per 10 grams from its peak in August. On November 28, 24-carat gold closed at Rs 49,995 per 10 gram in bullion markets. On the morning of August 7, gold had reached Rs 56254 per 10 grams.
It is an all-time high rate. On the other hand, on the day of silver, it reached Rs 76008 per kg and by November 28, it has come down to Rs 60069 per kg. During this period, silver has become cheaper by Rs 15939 per kg. If we talk about last week, there has been a huge drop in the gold rate. That too when the wedding season is in progress.
Gold has become cheaper by Rs 1578 per 10 grams till November 27 as compared to November 20. At the same time, silver has weakened to Rs 1958 per kg. At the same time, on November 16 to 20, the rate of gold was seen to fall by Rs 839 per 10 grams and the price of silver by Rs 2074 per kg.
Gold prices are falling globally due to positive news about the Corona vaccine. Experts say that apart from improving the global economy and easing tensions in the US-China, the stock trend has also increased.
While the trend on gold has reduced. In such a situation, there is no expectation of a sharp jump in gold in the near future.
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