Gold and silver: Gold becomes costlier, silver rises by Rs 580


On Monday, the price of gold and silver rose in the national capital. The 24-carat yellow metal rose by Rs 310 to Rs 46,580 per 10 grams in the national capital today. Today, the fall in the rupee against the dollar and the recovery in the global markets affected the price in the domestic market. According to HDFC Securities, gold had closed at Rs 46,270 per 10 grams in the previous trade.

Silver became costlier by Rs 580

Talking about silver, it rose by Rs 580 to Rs 67,429 per kg. Silver had closed at Rs 66,849 on the previous trading day. In the international market, gold reached $ 1,777 an ounce, while silver was at $ 26.06 an ounce.

9000 kilograms of digital gold sales in three years

In the last three years, 8,000 to 9,000 kg of digital gold has been bought and sold in the country. Seven-eight crore people have invested in it so far. Experts associated with this business say that there is always a fear among middle-class families about fluctuations in gold prices and theft if kept at home. At the same time, there is no such problem in the purchase of digital gold. He says that at present when new avenues are being discovered for technology and investment, digital gold is also becoming a strong place in it.

What is Digital Gold?

It is already trending abroad, but in India, it has been seeing an increase for three years. Digital gold means that when a person buys gold online, then the bullion companies keep the gold of that price in their locker. In return, the customer gets a receipt. As you keep investing in it, the gold in your locker increases. You can also sell it online if needed.