- विज्ञापन -
New Delhi: There is a fall in the price of gold and silver today i.e. on 20 February. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 192 to Rs 86,541. Earlier, gold was at Rs 86,733, which is its all-time high.
Similarly, the price of one kg silver has also come down by Rs 385 today to Rs 97,181 per kg. Yesterday the price of silver was Rs 97,566 per kg. Silver had made its all-time high on 23 October 2024, when it had reached Rs 99,151 per kg.
Gold price in 4 metro cities and Bhopal
Gold has become costlier by ₹10,379 since January 1
This year, from January 1 till now, the price of 10 grams of 24 carat gold has increased by Rs 10,379 from Rs 76,162 to Rs 86,541. At the same time, the price of silver has also increased by Rs 11,164 from Rs 86,017 per kg to Rs 97,181.
4 reasons for the rise in gold
This year gold can go up to 90 thousand rupees
Ajay Kedia, director of Kedia Advisory, says that after a big rally, gold was expected to fall, and that has already happened. After America, UK has cut interest rates and due to increasing geo-political tension, gold is getting support. At the same time, investment in gold ETF is also increasing. This is also increasing the demand for gold. In such a situation, this year gold can reach up to 90 thousand rupees per 10 grams.
