Gold Rate Weekly Update: Gold rises, silver shines down, know how gold will move this week

- Posted by One India, last updated on


gold price

The price of gold has seen a big jump in the last week. The price of gold has increased by Rs 351 within a week. At the same time, the price of silver became cheaper by Rs 1017 in a single week. If we look at the website of India Bullion and Jewelers Association ie IBGA, then on Monday, August 1, the price of gold was Rs 51668 per 10 grams, while on Friday, the last day of the week, the price of gold reached Rs 52091 per 10 grams.

  Silver price rise

Silver price rise

If we look at the price of silver, on Monday, the price of silver declined from Rs 58379 to Rs 57362 per kg. If you look at the price of the last one week

  • On August 1, silver reached Rs 58379/kg.
  • On August 2, silver stood at Rs 57904/kg.
  • On August 3, silver reached Rs 57309 / kg.
  • On August 4, it reached Rs 58057 per kg.
  • On August 5, silver reached Rs 57362 per kg.
  gold price in a week

gold price in a week

  • The price of gold on August 1 is Rs 51668 per 10 grams.
  • On August 2, the price of gold reached Rs 51549 per 10 grams.
  • On August 3, the price of gold reached Rs 51566 per 10 grams.
  • On August 4, gold stood at Rs 52039 per 10 grams.
  • On August 5, gold closed at Rs 52019 per 10 grams.
  how will the price of gold be

how will the price of gold be

Apart from global factors, the price of gold is affected by economic conditions. Due to the fears of recession for some time, the price of gold has been returning. In such a situation, the attraction of investors is moving towards safe investment and the demand for gold is increasing. The rise in demand is affecting the price of gold.



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