Jaipur:- There is a continuous change in the prices of gold and silver. Precious metals have continued to rise for the last few days. There was an increase in the prices of gold today. 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 22nd November.
Gold up by Rs 700 and silver by Rs 400
There has been an increase in the prices of gold and silver in Jaipur bullion market. Today the price of pure gold has increased by Rs 700, now its price has become Rs 78,700 per ten grams. Apart from this, an increase of Rs 700 has also been recorded in the price of jewelery gold, now its price is Rs 73,500 per ten grams, apart from this, after the fall in the prices of silver yesterday, its prices have increased again today, the price of silver is Rs 400. An increase of Rs has been recorded, now its price has reached Rs 91,400 per kg.
High demand for cheap jewelery
Jeweler Purnamal Soni told Local 18 that light weight jewelery is being sold more in the wedding season. Currently, the demand for 18 and 14 carat gold jewelery is high in the markets. Due to rising prices, customers are buying more light weight jewellery. Instead of buying designing jewellery, they are preferring only cheap jewellery. Due to low demand for jewelery in the market, the price of precious metal is falling drastically.
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These are the main reasons for the rise in gold and silver
Jeweler Purnamal Soni further told Local 18 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, hence due to their high demand, the prices have also increased. The effect of major festivals and weddings is also increasing the prices of precious metals.
Tags: Gold Price Today, jaipur news, Local18, Silver Price Today
FIRST PUBLISHED: November 22, 2024, 10:09 IST
