People across the country are investing heavily in buying gold and silver, cars, property etc. This week has been very good for those buying gold this Diwali, as the prices of both gold and silver have fallen. Between 17 and 21 October, the price of gold has decreased by 368 rupees.
According to the information given on the official website of India Bullion and Jewelers Association (IBJA), gold closed at 50,430 in the last business week. This week it closed at Rs 50,062 per 10 grams.
On the other hand, if we talk about silver, it was at Rs 55,643 per kg last business week, which has come down to Rs 55,555 per kg this week. In such a situation, its price has decreased by 88 rupees per kg.