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- Gold Price Today (28 March); What is the price of gold and silver today? Business News
New Delhi7 minutes ago
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Gold has reached an all-time high today ie on 28 March. According to the website of India Bullion and Jewelers Association (IBJA), 10 grams of gold has become more expensive by Rs 137 to Rs 66,971. Earlier this month, on March 21, gold had made an all-time high of Rs 66,968 per 10 grams.
A slight rise has been seen in money today. It has become more expensive by Rs 14 and has reached Rs 74,011 per kg. Earlier it was Rs 73,997. Silver had made a record high of Rs 77,073 last year ie on December 4 in 2023.
4 reasons for the rise in gold:
- Fear of a global recession in 2024
- The demand for gold increased due to the wedding season
- Dollar index weakened
- Central banks around the world are buying gold
Gold became more expensive by more than 8 thousand rupees in 2023
At the beginning of the year 2023, gold was at Rs 54,867 per gram, which reached Rs 63,246 per gram on December 31. That means in the year 2023, its price increased by Rs 8,379 (16%). At the same time, silver also increased from Rs 68,092 to Rs 73,395 per kg.
Gold can go up to Rs 70 thousand
According to market experts, an increase in gold prices may be seen in the coming days. Because of this, by the end of this year, gold can go up to Rs 70 thousand per 10 grams. At the same time, silver can also reach Rs 75 thousand per kg.
