A day before the presentation of the general budget, i.e. today (31 January), gold reached its all-time high. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has increased by 862 to Rs 82,165. On Thursday, the price of 10 grams (one tola) of gold was Rs 81,303. At the same time, the price of silver also increased today. It has increased by Rs 993 to Rs 93,177 per kg. Earlier, the price of silver was Rs 92,184 per kg. Silver made its all-time high on 23 October 2024. Then it reached Rs 99,151 per kg. Gold has become costlier by ? 6,003 so far this year
On December 31, the price of 10 grams of 24 carat gold was Rs 76,162. In the last 31 days, it has increased by Rs 6,003. At the same time, the price of 1 kg silver was Rs 86,017 on 31 December. During this period, it has also increased by Rs 7,160. Gold price in 4 metros and Bhopal 5 major reasons for the rise in gold Gold gave a return of 20% and silver 17% in 2024 Last year, the price of gold increased by 20.22%. At the same time, the price of silver increased by 17.19%. On January 1, 2024, gold was at Rs 63,352 per 10 grams, which reached Rs 76,162 per 10 grams on December 31, 2024. During this period, the price of one kg silver increased from Rs 73,395 per kg to Rs 86,017 per kg. Gold can go up to Rs 85 thousand by June Ajay Kedia, Director of Kedia Advisory, says that after a big rally, there was a decline in gold, it has already come. After America, UK has also cut interest rates. This will increase the purchase of Gold ETF. In such a situation, by 30 June this year, gold can reach 85 thousand rupees per 10 grams. —————————————————————– Read this market related news too… Sensex rises by more than 370 points, Nifty also rises by 130 points A day before the budget today i.e. on 31st January, Sensex is trading at 77,130 level with a rise of more than 370 points. Nifty is also up by 130 points, it is trading at 23,380 level. Read full news
