The price of gold today
Gold for December delivery fell 0.13 per cent to Rs 49,230 per 10 grams on the MCX on Thursday. At the same time, gold for delivery in February 2022 fell 0.14 per cent to Rs 49,439 per 10 grams. Silver, on the other hand, fell by Rs 121 to close at Rs 65,147 per kg.
Price of 24 carat to 18 carat gold
As per the price of gold and silver released on the website of India Bullion and Jewelers Association, the price of 24 carat pure gold has touched Rs 49,219 per 10 grams on November 18. The price of 23 carat gold has gone up to Rs 49,022 per 10 grams. At the same time, the price of 22 carat gold has gone up to Rs 45085 per 10 grams. Besides, the price of 18 carat gold has gone up to Rs 36,914 per 10 grams, while the price of silver has fallen by Rs 270 to Rs 66,283 per 10 grams.
Gold will touch the sky
According to market experts, this is a good opportunity to invest in gold, as it has rebounded. The price of gold is going up now. According to market experts, gold could reach Rs 60,000 in the next one year. At the same time, according to Ajay Kedia, Director, Kedia Commodities, gold prices will continue to rise for the next two years. If we look at the record of gold price over the last 20 years, it lasts for 2 to 4 years after the rise of gold. The same was seen from 2000 to 2004. Based on this, it is estimated that the price of gold will continue to shine this year till 2022-23.