Jaipur : the price of 22 carat gold for jewellery has gone up to Rs 65,991. On July 22, a day before the general budget, gold was Rs 73,218 per 10 grams, GST is not included in this. Due to a 9% cut in import duty, gold fell by Rs 3,616 to Rs 69,602 on July 23. The price kept falling for four consecutive days. During this period, gold became cheaper by Rs 5,087 and reached Rs 68,131.
On May 21, the price of 24 carat gold was Rs 74,214
On 21 May, 24 carat gold was 74 thousand 214 rupees. Now the price of gold is also 2 thousand 172 rupees less. Jewellery gold is also 1 thousand 989 rupees below the record level. After this, so far this year, the price of gold has increased by 13.91%. On 21 May, 24 carat gold was 74 thousand 214 rupees. Now the price of gold is also 2 thousand 172 rupees less. Jewellery gold is also 1 thousand 989 rupees below the record level. After this, so far this year, the price of gold has increased by 13.91%.
The effect of weakness in dollar
Expectations of reduction in rates, weakness in dollar has shown its effect. According to the analysts of German company Heraeus, which keeps an eye on precious metals like gold and silver, the price of gold is increasing worldwide due to expectations of reduction in interest rates in America, weakness in US dollar and reduction in bond yield. Now the value of dollar will decrease and gold will shine.
Silver prices increased
There was a jump in the price of silver. One kilogram of silver became 93 thousand rupees. There was an increase of 15 hundred rupees per kilogram. The price of 100 grams of silver increased by 150 rupees today. It is selling at 9 thousand 300 rupees in retail.
