If you are planning to buy gold or silver at this time, then this can be a golden opportunity for you. Gold prices have been declining for the last seven days, not only that silver is also seen to decline in the last five days. If we talk about the decline of gold in the last two months, so far gold has become cheaper by more than Rs 3,000.
Therefore, this time is said to be good for buying gold because after being at a record high for a long time, gold prices are now falling. After the fall in the price of gold, now the price of 22-carat gold has reached Rs 43,530 per ten grams.
Apart from this, the price of 24-carat gold is Rs 47,390 per ten grams. At the same time, due to the fall in the price of gold, there has been a revival in the bullion market of Indore in Madhya Pradesh once again. Talking about the price of gold on February 28, the price of 24-carat gold is Rs 47,390 per ten grams. At the same time, the price of silver is Rs 71,570 per kg.
If you compare the all-time high price of gold with the current price of gold, then the price of gold has decreased by about ten thousand rupees. In the month of August, gold was at its all-time high, in that month the price of gold was Rs 56,200 per ten grams. Not only this, there were a lot of ups and downs in the price of silver.
Experts say that it is a good time to buy gold and silver.