Business
Silver prices stay the same as gold prices decline, selling for Rs 56,130 per ounce.
As gold prices decline, silver prices stay the same at Rs 56,130 per ounce. This is a good news for silver investors, as silver is now a more affordable option for those looking to invest in precious metals. Silver is a popular choice for investors because it is a less volatile investment than gold, meaning that it doesn’t fluctuate in value as much. This makes it a more stable investment, which is why it is a popular choice for those looking to diversify their portfolios.
On Wednesday, the price of gold dropped by Rs 160, bringing the price of 10 grammes of 24-carat gold to Rs 56,130. On the other hand, the price of silver didn’t change from yesterday’s closure. The price per kilogramme of the precious metal was Rs 71,800.
According to the GoodReturns website, the price of 22-carat gold dropped by Rs 150 from yesterday’s closing to Rs 51,450.
10 grammes of 24- and 22-carat gold were going for Rs 56,130 and Rs 51,450, respectively, in Mumbai, Kolkata, and Hyderabad.
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