The Gold rates are hitting the roof. 10 grams of 24 carat is costing around Rs 46200. If this is the trend due to Coronavirus and marriage season it might touch Rs 50000 per 10 grams soon.
The Silver is also zooming along with the Gold for the first time. Both the precious metals are rising while the stock market is going down. The 22 carat Gold which is used for the making of ornaments is costing around 42, 300 per Ten grams.
But the demand is not coming down even after the rise in the rates.
One KG silver is costing around Rs 51200. Most of the time the silver rate was hovering around Rs 45000 per KG but now it has crossed Rs 51000 per 1000 grams.
It is likely that the Gold rate might also go up by Rs 50000 per ten grams in the near future. So people who want to buy as an investment can grab the gold now itself and this is the right time.
