

According to experts, the strength in the dollar index and weakness in the international market are the main reasons for this.
Gold and Silver prices decreased (Source: Internet)
New Delhi: Gold and silver prices are continuing to decline over the past few days across the country. A slight dip in the price of gold was seen in the bullion market, reports Dynamite News correspondent.
According to experts, the strength in the dollar index and weakness in the international market are the main reasons for this.
On Saturday, 29 June, the price of 24 carat gold has fallen by Rs 3,330 to Rs 97,570 per 10 grams. At the same time, 22 carat gold is selling at Rs 89,450 per 10 grams with a fall of Rs 3,050. This fall can make it a golden opportunity for those who buy jewelry.
Silver prices also fell this week. Silver has become cheaper by Rs 2,200 per kg in a week and reached Rs 1,07,800 per kg. The same rates are prevailing in major cities such as Delhi, Kolkata, Mumbai.
Experts believe that the price of silver may fluctuate in the coming week as well as it depends on global signals and local demand.
Time to invest in gold (Source: Internet)
On June 29, there was slight difference in the price of gold in different cities of India. The price of 22 carat gold stood at Rs 89,450 per 10 grams in Delhi, Lucknow, Jaipur, Gurugram and Noida, while 24 carat gold was available at Rs 97,570 per 10 grams in these cities.
At the same time, the price of 22 carat gold in Mumbai, Kolkata, Chennai, Hyderabad, Patna, Bengaluru and Ahmedabad was Rs 89,300 and 24 carat was Rs 97,420 per 10 grams.
This makes it clear that the price of gold in some North Indian cities was slightly higher than in other cities.
Strength of the dollar index: This has reduced the demand for gold in the international market.
Federal Reserve's interest rate policy: Investors are turning to other options instead of gold.
Global economic uncertainty: Investors are cautious right now and this is causing a slowdown in trading.
The current fall in gold prices can become an opportunity for those who are planning to buy jewelry or make long-term investments. However, market experts advise to keep an eye on price stability and trend before any purchase.