gold price

On Friday, there was a sharp rise in the price of gold. The demand for gold is increasing due to rising fears of recession. The rise in demand affects the price of gold. Due to which the price of gold has been rising for some time now. On MCX, the futures price of gold declined marginally by 0.02 percent and gold has reached Rs 52155 per 10 grams. Silver prices rose 0.36 per cent to Rs 58190 per kg.

24 carat to 18 carat gold price

The price of gold and silver issued by the Indian Bullion and Jewelers Association is released on the website every day. On August 5, the price of 24-carat gold reached Rs 52140 per 10 grams. The price of 23 carat gold reached Rs 51931 per 10 grams. The price of 22 carat gold reached Rs 47760 per 10 grams. The price of 18 carat gold reached Rs 39105 per 10 grams.

4100 cheaper

The price of gold reached Rs 56264 per 10 grams in August 2020, while the price of silver reached Rs 760064 per kg. If you compare the price of gold with this price today, gold has become cheaper by Rs 4100, while the price of silver is selling cheaper by about 20 thousand rupees than its all-time high rate. Gold may have become cheaper than the all-time high rate, but in the coming days, the price of gold will again see a rise.