Gold Prices Today: Gold and Silver become Expensive Again. Know Details!

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COVID-19 Updates
  • World 141,323,906
    World
    Confirmed: 141,323,906
    Active: 18,251,630
    Recovered: 120,048,214
    Death: 3,024,062
  • USA 32,372,119
    USA
    Confirmed: 32,372,119
    Active: 6,886,031
    Recovered: 24,905,332
    Death: 580,756
  • India 14,788,109
    India
    Confirmed: 14,788,109
    Active: 1,801,298
    Recovered: 12,809,643
    Death: 177,168
  • Brazil 13,900,134
    Brazil
    Confirmed: 13,900,134
    Active: 1,183,384
    Recovered: 12,344,861
    Death: 371,889
  • Russia 4,693,469
    Russia
    Confirmed: 4,693,469
    Active: 268,887
    Recovered: 4,319,389
    Death: 105,193
  • UK 4,385,938
    UK
    Confirmed: 4,385,938
    Active: 112,868
    Recovered: 4,145,810
    Death: 127,260
  • Turkey 4,212,645
    Turkey
    Confirmed: 4,212,645
    Active: 533,303
    Recovered: 3,643,734
    Death: 35,608
  • Italy 3,857,443
    Italy
    Confirmed: 3,857,443
    Active: 505,308
    Recovered: 3,235,459
    Death: 116,676
  • Germany 3,137,907
    Germany
    Confirmed: 3,137,907
    Active: 292,281
    Recovered: 2,765,100
    Death: 80,526
  • Pakistan 756,285
    Pakistan
    Confirmed: 756,285
    Active: 80,559
    Recovered: 659,483
    Death: 16,243
  • China 90,499
    China
    Confirmed: 90,499
    Active: 314
    Recovered: 85,549
    Death: 4,636

New Delhi, 4/4: The glitter of gold and silver has started once again. This week, gold has gone up by 449 rupees to Rs 44,919. At the start of this week, gold was at Rs 44,468. However, silver has seen very little uptrend. Silver has risen by Rs. 54 to Rs. 63737 this week.

Manoj Kumar Jain, director of Prithvi Finmart, says that the second wave of Corona has come once again in the country and the world. In such a situation, there may be an increase in gold in the long term. According to him, by the end of the year, the price of gold can reach 48 thousand rupees. You can understand this trend in such a way that in the beginning of March, gold had come down to 44 thousand, but now the prices have increased once again.

Gold consumption in the country is increasing rapidly. Gold import in the country has increased by 471% to 160 tonnes in March this year as compared to last year. The main reason for this is the fall in gold prices from record highs and the reduction in import duty. In the January-March quarter this year, a total of 321 tonnes of gold was imported into the country, compared to only 124 tonnes in the same quarter last year.

India consumes 700–800 tonnes of gold every year, of which 1 ton is produced in India and the rest is imported. The country’s gold imports stood at 344.2 tonnes in 2020, down by 47% from the previous year. In 2019 it was 646.8 tonnes.

 

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