Rajasthan Gold-Silver Price: There is a continuous rise in the prices of gold and silver in Rajasthan. Once again a big jump was seen in the price of silver on Thursday. On Wednesday, the price of pure silver was Rs 1,76,000, which reached Rs 1,83,250 on Thursday. That means an increase of about Rs 7,000 was recorded in one day. According to Rajasthan Bullion Association, the price of 18 carat silver was Rs 1,82,000.
Whereas the price of 24 carat gold was Rs 1,29,000, the price of jewelery gold was Rs 1,23,840 and the price of 22 carat gold was Rs 1,18,680. Now additional three percent GST will also be imposed on these prices, which will prove to be inflationary for the buyers. Patron of the association, Inder Singh Mehta, said that the price of silver is increasing by breaking records. Sometimes the prices decrease, and sometimes they double every day. Due to this instability, the general public is quite worried and people have now started shying away from buying gold and silver.
Gold and silver prices in major cities of Rajasthan
Local markets are getting affected due to global market.
Bullion traders believe that due to fluctuations in gold and silver prices in the global market, local markets are also being affected. Also, due to the implementation of GST, prices have remained high. Due to these continuously increasing prices, common people are hesitant in buying gold and silver. According to jewelers, if this trend continues, it will become more difficult for small families to buy gold and silver.
