Rajasthan Gold Silver Price: In Rajasthan, there have been continuous ups and downs in the gold and silver market for the last few days. Once again the prices of both the metals came down on Wednesday. A fall of about ₹ 3,000 per kg was recorded in silver and about ₹ 1,200 per 10 grams in gold. After this fall, the market looks a bit favorable for both investors and common buyers.
According to the Bullion Association in Udaipur on Wednesday, the price of pure silver was ₹ 1,55,900 per kg. Whereas the price of 18 carat silver was ₹ 1,55,000 per kg. Talking about gold, the price of 10 grams of 24 carat gold was ₹ 1,25,300, while 23 carat jewelery gold was recorded at ₹ 1,20,290 per 10 grams and 22 carat gold was recorded at ₹ 1,15,275 per 10 grams including GST.
A similar trend was seen in other major cities of Rajasthan also. In Jaipur, pure silver stood at ₹ 1,54,800 per kg and 24 carat gold 10 grams at ₹ 1,24,900. In Jodhpur, the price of pure silver was recorded at ₹1,55,200 per kg and that of 24 carat gold at ₹1,25,100. In Kota, pure silver stood at ₹1,55,000 per kg and 24 carat gold at ₹1,25,000. In Ajmer, pure silver was found at ₹ 1,54,900 per kg and 24 carat gold was found at ₹ 1,24,950.
Sharp decline in silver
Experts say that fluctuations in prices in the international market, changes in the exchange rate of rupee against dollar and lack of local demand are the main reasons for this. However, due to increasing demand during wedding and festive season, gold prices are likely to rise again in the coming days. Bullion traders say that due to the sharp fall in silver, small investors and common people are showing interest in buying silver. At the same time, the fall in gold prices has also given an opportunity to common customers to buy. Many traders believe that at present, people investing in gold and silver should keep an eye on the prices, because the market is not completely stable.
Also read: Rajasthan Gold Silver Price: Gold stands at 1.26 lakh, silver crosses 1.58 lakh! Know the rates of Jaipur-Udaipur and Kota
