Rajasthan Gold-Silver Price: The prices of gold and silver in Rajasthan are continuously touching new heights. Especially the kind of rise that is being seen in the prices of silver was rarely recorded in the last several months. On Friday, the rate of silver increased by about ₹ 2,300 per kg, whereas a day before that on Thursday, there had been a big jump of ₹ 7,000. This increase of a total of ₹ 9,300 in two days has not only increased the volatility in the market but has also increased the pressure on the pockets of common consumers.
Gold and silver rates in major cities of Rajasthan
In Jodhpur, pure silver was ₹ 1,85,200 and 24 carat gold was ₹ 1,29,450. Whereas in Kota, pure silver was ₹ 1,85,250 and 24 carat gold was ₹ 1,29,480. Talking about Udaipur, pure silver was ₹ 1,85,150 and 24 carat gold was ₹ 1,29,460. Whereas in Ajmer, pure silver was ₹ 1,85,280 and 24 carat gold was ₹ 1,29,490. The average price of silver in Rajasthan has remained almost the same, while slight fluctuations were seen in the prices of gold according to the cities.
What is the reason behind the boom?
Bullion traders say that the main reason for the continuous rise in silver is the rise in international markets and the weakness of the rupee against the dollar. Globally, signals related to inflation and interest rates are also strengthening precious metals. Along with the increase in the prices of silver, gold is also following the same trend. Generally, after the end of the festive season, the demand for gold and silver slows down and stability is seen in the prices, but this time the market trend appears to be completely different. In the coming days, prices may increase further or may even soften slightly. International market signals will play a decisive role on this.
