Gold and silver prices hit new records again in the country's market on Thursday. Experts believe the prices of these two precious metals rose further due to retail market demand, rupee weakness and geopolitical instability.
Due to this increase, the prices of the two metals used in jewellery making have moved even further beyond the reach of the middle class.
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On Thursday, gold prices rose by 11,850 rupees or 7 percent on the country's multi commodity exchange.
Due to this increase, the price of 10 grams of gold became 1 lakh 77 thousand 782 rupees.
Silver prices rose by 22,000 rupees or 6 percent on this day. Due to this, the price per kg of silver became 4 lakh 7 thousand 456 rupees.
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Not only in the domestic market, but gold and silver prices also set new records in the international market on Thursday. In the international market, the price of gold per ounce became 5,511 dollars.
Which had reached 5,591 dollars in the early session. Gold crossed the 5,000 dollar mark for the first time in history on Monday of this week.
Prices have risen by more than 10 percent in the past few days from that level. The same trend has been seen in silver prices. In the international market, the price of silver per ounce has risen to cross 118 dollars.
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