Kumari Palany & Co

Delightful news: Gold Prices in falling trend! Citizens pleased!

Posted on: 24/Feb/2023 12:53:11 PM
Over the last few days including today (Friday, 24th February), the price of gold for jewellery has decreased in a trend! As such, the citizens have been greatly delighted!

Fluctuations in gold prices have been a centuries-old trend! However, especially over the last 2 months, the price of gold had been increasing!  Presently, over the last few weeks, it has had a decreasing trend!

In this scenario, as of the 24th of February (today, Friday) morning, the price of the 22-carat jewellery gold has been reduced by Rs. 10/- per gram and is being sold at Rs. 5235/- per gram. As such, the price of the jewellery gold has been reduced by Rs. 80/- per sovereign and is being sold at Rs. 41880/- per sovereign!

At the same time, the price of silver has also been reduced! The price of silver has reduced by Re.0.60 (50 Paise) and is being sold at Rs. 70.90 per gram. The silver price has been reduced by Rs. 600/- per kg and is now being sold at Rs. 70900/- per kg!

On a global level, various issues such as inflation, Import Duty, etc., have substantially affected the price of gold!

IT IS WORTH NOTING HERE THAT OVER THE LAST 3 WEEKS, THE PRICE OF GOLD HAS DECRESED BY OVER Rs. 1000/- per sovereign!