New Delhi. Gold has once again become expensive. On Wednesday, the price of gold reached Rs 100453 per 10 grams on MCX. At the same time, the price of silver has also increased. Silver per kilogram has been increased to Rs 116000. Talking about the price of gold, in the last 2 days, its price has been increased by more than 2000 rupees on MCX. Due to this, the price of gold in the market has also increased. On January 1 this year, the price of 24 carat 10 grams of gold was Rs 78957. Since then, gold has constantly bounced.
So far this year, the price of gold has increased by about 21500 rupees. In such a situation, those who invested in gold in January 2025 have received tremendous returns. Silver is also the same. On January 1 this year, the price of one kilogram of silver was Rs 93000. So far, the profit of Rs 23000 per kg in silver has been made to investors. Meanwhile, it is also reported that the government has now made it necessary to hallmark 9 carat gold jewelery sold in the market. The government has decided to hall 9 carat gold hallmarking to protect gold jewelery buyers from any disturbances.
The price of gold and silver is increasing internationally. There has been a war between Russia and Ukraine for more than four years. Also, the economy of European countries and America is also Danwadol. For this reason, domestic and foreign investors are investing money in buying gold. In the middle, there was a war with Israel and Hamas and then Iran. This also caused investors to invest money in gold. The fall in the price of the dollar also made a lot of investment in gold. Due to all these reasons, the price of gold is continuously increasing. Market experts believe that by December this year, the price of 24 carat 10 grams of gold can also go up to 1.25 lakhs. The festival and wedding season will begin in the coming days. At that time, the price of gold and silver is expected to increase.