Gold prices soar past Rs 57000
In the first month of the year i.e. January, the brightness of gold is continuously increasing and as a result of this it is continuously making price records. Today, on Tuesday, gold has again created a new all-time high. According to the website of the India Bullion and Jewelers Association (IBJA), on January 24, gold became costlier by Rs 312 in the bullion market and reached Rs 57,362 per 10 grams. Earlier, gold had made a high on January 20, which was 57,050 rupees.
Gold has become costlier by more than Rs 2400 so far in January
So far in the month of January, gold has become costlier by Rs 2,427. In the beginning of this month it was at Rs 54,935, which has now reached Rs 57,362 per 10 grams. By the end of the year it may go up to Rs 64 thousand.
Fall in silver today
Talking about silver, its price has seen a decline today. In the bullion market, it has weakened by Rs 267 to Rs 68 thousand 6 per kg. On January 23, it was at 68 thousand 273 thousand.
Gold price may go up to Rs 64,000 in 2023
Amid economic uncertainty, central banks around the world like RBI have increased gold reserves. According to Ajay Kedia, director of Kedia Advisory, increasing purchase of gold by central banks is a positive sign. This will support gold prices. Ajay Kedia said that by the end of 2023, gold can reach up to Rs 64,000.
