Gold and silver prices saw a good rise as soon as the market opened on Monday. Gold was trading at Rs 46300 per 10 gram on Multi Commodity Exchange (MCX) at around 10.45 am on 22-2-2021. And silver was trading at Rs 69373.00 per kg with a rise of Rs 361.00.
According to market experts, demand will increase this year due to the reduction in the rate of gold. The price of gold is expected to reach 58 thousand rupees per 10 grams. For silver, it is even estimated that it can touch a level of 1 lakh rupees.
The government is also going to bring rules related to gold. This change will be related to keeping gold at home. The government is going to make a big change in the Gold Monetization Scheme.Under this scheme, banks can get facility to deposit gold deposits up to 10 grams. At the same time, it will also be easy to take a loan on gold deposited under the Gold Monetization Scheme.