The gold and silver rates may marginally come down according to the market experts. Due to the marriage season, the gold and silver rates have gone up. Now with the rise in the rates, the sales have come down by thirty percent according to market conditions.
However, experts expect gold prices to marginally fall to around `76,000 for 10 grams and silver to `90,000 per kg by the end of the current quarter after the US Presidential elections.
However, the customers or the buyers are expecting a dip in the rates of the precious metals. It may come down to around 75000 for gold they say. The silver which is hovering around one lakh, per kg may also come down in a phased manner.
The buyers are worried about the dip in sales of the Gold. That is the reason analysts are predicting a dip in the rates of the gold and silver in the coming days. The sales of artificial jewellery has gone up like anything.
Most of the jewellery being worn for photo sessions is artificial gold and silver jewellery. One gram gold jewellery is also being sold in a big way these days.
