Today, on the day of Akshaya Tritiya, those who invest in gold can be silver. There has been a decline in the price of gold in the market, in such a time, this time is good for shopping.
Gold rate today
Buying gold on the occasion of Akshaya Tritiya is considered auspicious. If you too want to invest in it or want to buy jewelery then today is a great opportunity for you. Because on May 14, or today, the gold price has become cheaper. It has dropped by Rs 70. In such a situation, you can buy 10 grams of gold for just Rs 47365.
Gold for June delivery opened at Rs 70 on MCX. Even as the day progressed, there was not much improvement in it. It was trading at a price of Rs 47365 per 10 grams, with a fall of Rs 73, or 0.15 per cent, at 10 am. According to experts, this time is perfect for buying gold. Investors can get its benefit in future. Because, due to the confidence of investors and support from foreign market, it can be seen to increase further.
Silver prices also fall
Silver prices also fell on Friday. Around 10 am, the silver for July delivery was trading down by Rs 103 per kg to trade at Rs 70370. The silver for September delivery was also trading down by Rs 87 to Rs 71515.
Gold can cross 60 thousand
According to market experts, the fall in gold had already been predicted. It was believed that due to the rise in gold in the last few days, it may fall something around 48,000 rupees. As a result, it is being seen today on Akshaya Tritiya. But soon it will bounce. If you invest in mid-term, then it can go beyond Rs 52,000 and in the long term Rs 60,000. Similarly, the price of silver in the mid term can reach Rs 76000 and in the long term it can reach Rs 85,000 per kg.
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