Gold Silver Prices: On Friday, there was a tremendous increase in the prices of gold and silver in the bullion market. The rate of 24 carat gold has crossed Rs 54,000 per 10 grams. At the same time, the prices of silver saw a rise and it went up to Rs 70,000 per kg.
rise in gold prices
In different cities of the country, the price of gold rose by Rs 220 to Rs 54,060 per 10 grams. On Thursday, gold was trading at Rs 53,840. Although the rate of 22 carat gold is close to Rs 50,000 per 10 grams. The rate of 22 carat gold is trading at Rs 49,550. In many cities of South India, gold is being available for Rs 54,600 per 10 grams.
silver is too expensive
There has also been a tremendous jump in the rate of silver. In today’s trade, the price of silver rose by Rs 700 per kg to Rs 70,000 per kg. In the previous session, the rate of silver was Rs 69,300 per kg.
Why are the rates rising
As the wedding season has started, due to the festivals of Akshaya Tritiya, there is an increase in the demand for gold, due to which the prices of gold are seeing a rise. In view of the backbreaking inflation, people are investing in gold considering it to be safe, or because of Russia Ukraine has also increased the demand for gold, due to which the prices are rising.
Check your city rate
You can also check the price of gold sitting at your home. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call to the number 8955664433. Your message will come on the same number from which you message.
Check whether gold is real or fake
You can also use the government app to check the purity of gold. Through ‘BIS Care app’ you can check the purity of gold whether it is real or fake. Apart from this, you can also complain through this app.