Big drop in Gold price! Cheaper by Rs 2786

Today, if you are thinking about buying gold, then there is good news for you. In fact, the prices of gold and silver have again fallen today. Let us tell you all that gold futures on MCX fell 0.3% to Rs 52,712 per 10 grams, while silver fell 0.6% to Rs 69,970 per kg. You may be aware that last week, gold rates had risen sharply to close to Rs 55,558, the highest level since August 2022, at Rs 56,200.

The fall in the price of gold- In fact, the global market is witnessing a sell-off amid the Russia-Ukraine war. In such a situation, the economic condition of many countries has deteriorated. At the same time, if you look at the global markets, today the price of gold has come down because due to the expectations of the rate hike, the US Treasury yield has seen a rise.

Gold imports increased in 11 months- You all must also know that gold imports in India have increased by 73 per cent to $45.1 billion in the first 11 months of the current financial year, i.e. April-February. At the same time, due to the increasing demand, the import of gold has increased. With this, gold imports in the same period of the previous fiscal stood at $26.11 billion.

There will be 3 per cent GST separately- Let us also inform you that the prices of gold and silver are issued on http://www.ibjarates.com in the morning and evening. At the same time, 3 per cent GST has to be added separately on the rate issued by this website.

Know gold and silver prices like this- If you want to know the price, then you will have to make a missed call on the mobile number 8955664433. After this, a message will come on your phone, in which you can check the latest rates.

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