Gold Silver Price: There was a sudden rise in the prices of gold and silver, know the reason for the rise

A continuous increase in gold prices was seen in the month of April. Due to increase in the prices of gold and silver during Sahalag season, people remained sad and there was no crowd. On Saturday, once again the price of gold remained at Rs 75 thousand per ten grams. The price of silver has also been increasing continuously for the last few days.

This year, gold and silver figures show that April and May were the most volatile months. Due to rise in gold and silver prices in Lagansara, people’s purchasing inclination remained low. The bullion market is also facing recession. If we look at the data of the last one week, on April 20, the highest price of gold was Rs 76,200 per 10 grams and the price of silver was Rs 85,900 per kg.

According to the information received, the prices of gold and silver have been affected due to high demand and low supply. Apart from import and export from other countries, the prices of gold and silver are increasing in recent times due to other reasons also. The prices of gold and silver are expected to rise again in the Sony market soon. Silver can reach up to Rs 1 lakh per kg. Let us tell you that the wedding season is going to start from today, hence the demand for gold and silver has already increased among the customers.

However, both gold and silver remained weak on April 23. Gold fell by Rs 2150 to Rs 74050 per ten grams and silver fell by Rs 3550 to Rs 82350. After this, on Saturday, over the weekend, gold once again remained at Rs 75 thousand per ten grams.