Gold Silver Price Today: This week, tremendous fluctuations have been seen in the bullion market. On April 20, silver had crossed ₹ 2,54,000 per kg on the Multi Commodity Exchange of India, but now its price has fallen to around ₹ 2,44,321 per kg. That means, in just one week, silver has become cheaper by about ₹ 10,000. This decline has become a big issue of discussion for both investors and buyers.

Gold prices also softened

Not only silver, gold prices have also seen a decline. On April 20, gold was above ₹ 1,54,000 per 10 grams on Multi Commodity Exchange of India, which has now come down to around ₹ 1,52,700. This means that gold has fallen by about ₹ 1,300, which has provided some relief to those buying during the wedding season.

Why are the prices of gold and silver falling?

Experts believe that due to the strengthening of the US Dollar Index in the global market, there has been pressure on gold and silver. Apart from this, profit booking at high level i.e. profit booking is also a big reason. When investors take profits, prices go down.

Is this the right time to buy?

If you are thinking of buying gold or silver, then this fall can be a good opportunity for you. This is considered to be the right time especially for those buying jewellery. But keep in mind that there are still fluctuations in the market, so avoid making big investments in a hurry.

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What will be the trend in future?

In the coming days, the prices of gold and silver will completely depend on the global situation. If international tensions ease, prices may fall further, but if the situation worsens, they may rise again.