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There is great news for those who buy gold. If you also have a plan to buy gold, then at this time you have a chance to buy cheap gold. In the last week, there has been a fall of Rs 857 in the prices of gold. Gold made a new record high of Rs 61845 in this entire business week and after making this record, it has closed at the level of Rs 60636 per 10 grams. At the same time, a fall of Rs 1022 was seen in the prices of silver on Friday. Silver has also touched a record level of Rs 78,190 this week.
Gold is getting cheaper by Rs 1200
Let us tell you that gold is getting cheaper by about Rs 1200 from the new high. So far this year, Golz has given 10 per cent return to the investors. According to experts, gold can reach the level of Rs 63,000 per kg in the coming days. At the same time, in case of a decline, it would be advisable to buy at the level of 59500.
What is the condition of the global market?
Dollar index, US bond yield, mixed economic data and statements issued by the Federal Reserve are directly affecting the price of gold and silver. Along with this, the effect of the increase of 25 basis points from the Fed Reserve is being seen on the bullion market.
Keep in mind before buying gold
if you are also going to buy gold in the market, then buy gold only after seeing the hallmark. You can also use the government app to check the purity of gold. Through ‘BIS Care app’ you can check the purity of gold whether it is real or fake. Apart from this, you can also complain through this app.
Check the price of your city in this way
You can also check the price of gold sitting at your home. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call on 8955664433. Your message will come on the same number from which you message.