This week there has been a decline in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), in the bullion market, at the beginning of this week, i.e. on April 22, gold was at Rs 73,161, which now, i.e. on April 27, has come down to Rs 72,448 per 10 grams. That means its price has fallen by Rs 713 this week. Talking about silver, according to the IBJA website, at the beginning of this week it was at Rs 81,839, which has now come down to Rs 81,374 per kg. That means its price has fallen by Rs 465 this week. Gold prices have increased by Rs 9,096 in 4 metros and Bhopal. According to IBJA, the price of gold has increased by Rs 9,096 so far this year. On January 1, gold was at Rs 63,352, which is now at Rs 72,448 per 10 grams. At the same time, the price of one kg silver has increased from Rs 73,395 to Rs 81,374. According to Mahendra Lunia, Chairman of Vighnaharta Gold, the price of gold can reach Rs 1.68 lakh per 10 grams by 2030. Reasons for the rise in gold prices range from geopolitical tensions to global economic recession.
