Utility News: Silver has become so cheap in three days, now is a good chance to buy
There is a decline in the prices of silver in the month of August. Silver has become cheaper by one thousand rupees in the first three days of the month. On the other hand, the standard gold price is stable at Rs 52,750.
According to the Jaipur Sarafa Committee, 10 grams of 24-carat gold in Rajasthan's capital Jaipur is Rs 52,750. While 22 carat gold is Rs 50,400, 18 carat gold is Rs 42,300 and 14 carat gold is Rs 34,200 per ten grams. The silver refinery has declined to Rs 58,700 per kg.
However, experts believe that gold and silver prices may see a big jump in the coming times. He believes that every year with the festive season, investment in gold and silver starts increasing. For this reason, till Rakhi, the price of gold can once again cross 53 thousand per ten grams. At the same time, the price of silver can also go beyond 60 thousand.