Jaipur. The price of gold and silver is continuously changing. After the decline in precious metals in the last few days, there has been a record breaking increase in their prices again. If you are planning to buy gold and silver jewelery today, then definitely know the rates of Jaipur bullion market. According to Jaipur bullion market, there has been a change in the prices of gold and silver today on 20th November.
Gold jumped by Rs 1000 and silver by Rs 1700
The prices of gold and silver have increased in Jaipur bullion market. Today the price of pure gold has increased by Rs 1000. Now its price has become Rs 77,700 per ten grams. Apart from this, an increase of Rs 1000 has also been recorded in the price of jewelery gold. Now its price is Rs 72,500 per ten grams. Apart from this, silver has also increased by Rs 1700, now its price has become Rs 91,400 per kg.
Gold and silver prices are increasing again
Let us tell you that last few days the price of silver had reached one lakh. After this, a record breaking decline was recorded. Apart from this, the prices of gold and silver were continuously falling in the last few days. But, once again its price has increased. Jeweler Purnamal Soni told Local 18 that this is happening because of the wedding season. Due to wedding season, people are giving more priority to silver instead of gold.
Changes in prices due to wedding season
Bullion trader Puranmal Soni said that the festive and wedding season has arrived in the Indian market also. Because of this, the prices of gold and silver are increasing every day. After Diwali, with the arrival of wedding season, there is a continuous change in their feelings. The prices of both the precious metals are sometimes increasing and sometimes falling.
These are the main reasons for the rise in gold and silver
Jewelers Purnamal Soni said that due to global economic uncertainty the demand for gold and silver is increasing in the markets. Due to which the prices of both the precious metals are increasing. Apart from this, when the dollar is weakening, investors consider gold and silver as a good means of investment. Therefore, their prices have also increased due to their high demand. The effect of major festivals and weddings is also increasing the prices of precious metals.
Tags: Gold Price Today, jaipur news, Local18, Rajasthan news
FIRST PUBLISHED: November 20, 2024, 08:43 IST
