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New Delhi : The impact of the crisis on Iran-Israel-US Ceasefire was clearly visible from the stock market to the bullion markets on Thursday. Gold, Silver, Stock Market and Crude Oil Prices also fell. Today, on Thursday, April 9, the price of gold fell by Rs 1585 per 10 grams, while the price of silver fell by Rs 8566 per kg. Now silver has come to Rs 235475 per kg. Whereas, the price of 24 carat gold has come down to Rs 149536.

Read :- Gold, Silver Price Today: Gold gained momentum, strong rise in silver also, know the rate

The good news for those buying gold jewelery before the wedding season starts is that 22 carat gold and 18 carat gold have also become cheaper. According to IBJA, today the price of 10 grams of gold has come down by Rs 1189 to Rs 112152. GST is not imposed on this. The rate of 22 carat gold has also become cheaper by Rs 1452 today. Now the price of 10 grams 22 carat gold has become Rs 136975.

What are the prices of gold and silver on MCX?

On MCX today, around 1.30 pm, the futures price of gold was down 0.12 percent and was trading at Rs 151591. Whereas, a decline of 1.18 percent was being recorded in silver. Silver was trading at Rs 237083 per kg.

Gold and silver prices also fell in the international market

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Talking about the international market, spot gold was at $4,715.45 per ounce. Meanwhile, US gold futures for June delivery fell 0.8% to $4,739.40. Spot silver also fell 0.3% to $73.93 an ounce.

Will the prices of gold and silver fall further?

Will the prices of gold and silver fall further? In response to this question, Kedia Commodities President Ajay Kedia said that after the announcement of ceasefire, an increase in prices was seen, but now clouds of crisis are looming over the ceasefire. In such a situation, a decline is being seen in the prices of gold and silver. Due to geo-political tension, fluctuations in gold and silver may continue. If the ceasefire continues then silver will touch the level of Rs 2.55 lakh. Whereas, gold can also show a level of Rs 1.58 lakh to Rs 1.60 lakh.

The process of selling silver became easier for the first time in the country

For the first time in the country, a big step has been taken towards making the process of selling silver easy, transparent and safe. MMTC-PAMP has started Silver Buyback Service. Under this, any person or customer will be able to sell their old silver jewellery, coins and bars directly to this government company. They will get the price as per the market rate. The service is currently launched in seven cities – New Delhi, Kolkata, Bhubaneswar, Guwahati, Ludhiana, Ahmedabad and Mumbai. Later it will be started in the entire country.

Read :- Gold Silver Price Today: Gold slipped on MCX before US Fed policy, know today’s rate