Tremendous increase in the price of gold and silver, old records may be broken
After a few days of slowdown in the middle, the prices of gold and silver have jumped again in the country. In the Indian bullion markets, on Thursday, due to excessive purchase of gold and silver, its prices increased. There has been a jump of Rs 133 in silver prices and Rs 592 in gold prices in Delhi. It is believed that this boom will remain like this for the next few days. After this, the price of both can be slightly less.
Silver becomes costlier by up to Rs 133 in Delhi
According to the information given by HDFC Securities, if we talk about the bullion markets of Delhi, the price of silver there has increased by Rs 1335 per kg. On Thursday, the price of silver in Delhi closed at Rs 56 thousand 937 per kg. Whereas in the last trading season, the price of silver had reached Rs 55,602 per kg.
Gold price hiked by Rs 592
Talking about the price of gold in the Delhi bullion market, there was a jump of Rs 592 per tola (10 grams) on its price on Thursday. The price of gold was recorded at Rs 51,750 per 10 grams in the Delhi Bullion Market that closed on Thursday evening. In the last trading season, the price of 10 grams of gold had reached Rs 51,158.
Government increased import duty
Let us inform that to control the demand for gold in the country, the government has increased its import duty by 5 percent. This increase is also believed to be the reason for the rise in the prices of gold and silver. The government has now increased the import duty on gold from 7.5 percent to 12.5 percent. It is believed that despite this step, if the demand for gold does not come down, then the government can take tough steps even further.
You can also check the latest rates yourself
If you want to know the latest rates of gold and silver daily, then you can get this information sitting at home. For this, you will have to give a missed call from the mobile number to the number 8955664433. Soon after this, you will get an SMS on the mobile phone, in which information will be given about the latest rates of gold and silver in the country.