Comfort! Gold-silver prices fell; How to buy at the lowest price?

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New Delhi: Gold, silver and silver prices have been rising sharply in the bullion market for a long time.  However, on Wednesday, gold prices declined.  At around 9.30 am, gold on the Multi Commodity Exchange (MCX) fell by about Rs 148.00.  As a result, the rate reached 48,652 per tonne.


 Gold prices fell to Rs 48,704 per 10 grams on MCX, down from Rs 50,000 per ounce.  According to Zee Business (MCX), silver also declined by Rs 172.  Therefore, the price of silver per kg reached Rs.


 Invest in gold at a discounted rate


 Those who want to invest in gold have the opportunity to invest at cheaper, discounted rates till July 10.  The government has started this sale under Sovereign Gold Bond from July 6.  This is the fourth session of the bond sale scheme.  You get leverage to grow your business faster.


 Discounts on online gold purchases


 Under this scheme, if you are buying gold online, you will also get a discount on gold prices.  Those who apply and pay online will get a discount of Rs 50 per gram.  Sovereign Gold Bonds can be purchased through a private bank, Stock Holding Corporation of India Limited, a select few post offices, recognized stock exchanges such as NSE and BSE.





 Rates rise in the coming days


 According to Prithviraj Kothari, National President, India Bullion and Jewelers Association (IBJA), the fall in the stock market on the back of coronavirus corona virus has led to a rise in gold prices.  Large investors are investing more and more of their money in gold.  Moreover, the collapse of the global economy has had a direct effect on gold prices.

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