HomeCURRENT AFFAIRSGold Price Fell Down On The Ocassion Of Akshay Tritiya

Gold Price Fell Down On The Ocassion Of Akshay Tritiya

Gold Price on Akshaya Tritiya: It is considered auspicious to buy gold and silver on Akshaya Tritiya. On this occasion, the buying of gold increases and the rate also jumps. But this time on the occasion of Akshaya Tritiya there is a fall in the price of gold. This is the third consecutive day when the rate of gold and silver has come down.

Silver fell by 2.14 percent

On Tuesday, the price of gold on MCX (MCX Gold Price) fell by 2.13 percent to Rs 50,650 per 10 grams. At the same time, there was a big drop of 2.14 percent in the price of silver. The price of silver fell to Rs 62,970 per kg.

Till the writing of the news, the rates were not released on the website of IBJA on the occasion of Akshaya Tritiya. In such a situation, the price of gold remains at the market price that closed on May 2. On May 2, 24-carat gold fell and closed at Rs 51336 per 10 grams. Apart from this, 22 carat gold 51130 and 20 carat gold is being sold at Rs 47024 per 10 grams.

Silver with 999 purity reached 62950 per kg. The price of gold in the bullion market has broken the record of the last two months. According to IBJA, earlier on February 28, 2022, the price of gold was Rs 50696 per 10 grams. Since February 28, there was a rise in the price of gold.

There is a possibility of a hike in the interest rate by the Federal Reserve to curb the rising inflation. Due to this there is pressure on the market. Experts expect the interest rate to increase by 50 basis points.

You can make a missed call on mobile number 8955664433 to know the latest gold and silver rate. After this, you can check the latest rates in the message on your phone. In addition to the rate issued on IBJA, you also have to pay GST.

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