Gold-Silver Price Update: There has been mixed trading in the prices of gold and silver this week. During this period, the price of gold has increased by about Rs 700, while silver has become cheaper by about Rs 2,500. According to India Bullion Jewelers Association (IBJA), the price of 24 carat gold has increased by Rs 687 to Rs 1,52,765 per 10 grams, which was Rs 1,52,078 per 10 grams on the same day last week.

During the review period, the price of 22 carat gold has increased from Rs 1,39,303 per 10 grams to Rs 1,39,933 per 10 grams. The price of 18 carat gold has increased from Rs 1,14,059 per 10 grams to Rs 1,14,574 per 10 grams.

condition of silver prices

On the other hand, the price of silver has decreased by Rs 2,496 in a week to Rs 2,42,433 per kg, whose price was Rs 2,44,929 per kg on the same day last week. During this week, fluctuations were seen in the prices of gold and silver. In the spot market, 24 carat gold touched the highest price of Rs 1,57,322 per 10 grams on February 11.

At the same time, the minimum price was Rs 1,52,751 per 10 grams on 13 February. Silver touched the highest price of Rs 2,66,449 per kg on February 11. At the same time, the minimum price of Rs 2,42,433 per kg was seen on 13 February.

Fluctuations in international markets too

A lot of fluctuations have also been seen in the prices of gold and silver in the international markets. On Comex, gold closed above $5,000 an ounce at $5,046.30 an ounce. Silver closed at $77.96 an ounce. Minor changes after big rises in gold and silver indicate stability in prices. In the last one year, gold has given returns of more than 70 percent and silver has given returns of more than 140 percent.

What is the opinion of experts?

By the end of the week, gold prices remained close to their previous level, while silver prices Sporadic changes were recorded based on industrial demand. Market experts say that unless there is a major global event or policy change, the movement of precious metals is likely to remain in a similar range.