There is good news for the people who buy gold on Dhanteras Diwali.
Gold Silver Price Today 28th October 2021: Today, on the fifth day of the week, the price of gold and silver fell on Friday. There is good news for the people who buy gold on Dhanteras Diwali. Once again the price of gold has come down to 48000 in the bullion market. In the bullion market, the price of 24 carat 10 grams of gold became cheaper by Rs 139 and was seen trading at 47927. In the bullion market, the rate of 22 carat gold fell by about Rs 127 to trade at Rs 43901. At the same time, silver became cheaper by Rs 645 and opened at Rs 64699 kg. Today’s gold rates on IBJA’s website..
| Metal | Rate of October 29 (Rs./10 gm) | Rates of October 28 (Rs./10 gram) | Rate Change (Rs./10 gram) |
| Gold 999 (24 karat) | 47927 | 48066 | -139 |
| Gold 995 (23 carats) | 47735 | 47874 | -139 |
| Gold 916 (22 karat) | 43901 | 44028 | -127 |
| Gold 750 (18 carats) | 35945 | 36050 | -105 |
| Gold 585 ( 14 karat) | 28037 | 28119 | -82 |
| Silver 999 | 64099 Rs/Kg | 64744 Rs/Kg | -645 Rs/Kg |
Gold will shine in the long run
Due to the shock to the supply chain due to Corona epidemic, all the commodities from aluminum to natural gas have seen a boom one after the other. Now the name of gold can also be added to this list. But the reason for this must be something else. Two big personalities associated with Canada’s mining sector say that we may see a rise in gold prices going forward. David Garofalo and Rob McEwen, who have previously worked with Canada’s Gold Corp Inc., say that soon we may see inflation rising on gold. Its prices can reach up to $ 3000 an ounce, which are currently around $1,800. At the same time, McEwen is of the opinion that in the long term, gold can also touch the level of $ 5000.
