Gold rates today fall again after seeing a marginal rise, Silver price remains stable

Gold rates today fall again after seeing a marginal rise, Silver price remains stable
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Gold rates today on April 7, 2021, stood at Rs 48,600 for 24 carats and 44,550 for 22 carats respectively. The domestic prices of gold and silver today remain weak however.

Gold rates fell today once again after seeing a marginal rise just a day ago. Rates of gold have seen consistent decline since the coronavirus pandemic. You can check Gold rates and Silver prices here. While the silver rates hovered at Rs. 65,900 for 1 Kg in Delhi, according to the Goods Returns website.

The yellow metal is a perfect hedge against inflation. Gold and silver rates keep varying every day depending on the market, hence we keep a daily check on rates.

Gold was steady beginning this week. Optimism was in the air due to the economic rebound and US jobs data against the implications of President Joe Biden’s spending plans.

Due to excise duty, state taxes and making changes, the price of gold and silver jewellery may vary across India.

Gold was however one of the best-performing commodities in 2020. One of the reasons for gold prices falling is easing in India cut in customs duty.

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