New Delhi: Metal prices continue to fluctuate in the Indian bullion market. Both gold and silver rose today (Tuesday) or October 12, compared to the previous trading day. Earlier, experts had also predicted an increase in metal prices as the rush of buyers in the bullion market increased this festive season, which could continue till Diwali.
According to the India Bullion and Jewellers Association, the price of 24 carat gold with 999 purity rose by Rs 111 on Tuesday, the second trading day of the week, on the morning of October 12. With this, the price of 24 carat gold has gone up to Rs 47,213 per 10 grams. On the other hand, the price of silver has increased by Rs 164. Silver rose to Rs 61,654 per kg, more expensive than the previous trading day. The previous day, Monday, saw a surge in the price of gold and silver in the evening as compared to the morning. Where the price of 24 carat gold with 999 purity closed at 47102 in the evening.
Silver, with a purity of 999, rose to Rs 614.90 per kg. Tell us that when customers reach the bullion market for gold and silver purchases, there is a difference between the Indian Bullion Jewellers Association and jewellery. In fact, after entering the market, metals are GST, leading to an increase in the prices of metals.