Gold sales break record, buy Rs 20,000 crore this year
Gold worth Rs 20,000 crore was sold during the day. About 40 tonnes of gold has been sold on Dhanteras this year across the country. According to the India Bullion and Jewelers Association (IBJA), this year’s sales are 30 per cent higher than last year’s Dhanteras.
CLICK HERE RTO SUPER APPRECIATE
According to IBJA National Secretary Surendra Mehta, about Rs 12,000 crore worth of gold was sold last year. On the other hand, it was sold for Rs 20,000 crore this year. Where last year about 30 tons of gold was sold, this year about 40 tons of gold was sold. He said gold sales have increased by 30 to 35 per cent in the country compared to last year. So on the other hand the value has increased by about 70 per cent.
That’s why increased purchases
During the Corona period, the price of gold reached a high of Rs 56,000. However, there was a subsequent decline in prices. So there was a boom in gold purchases. For this, jewelers have offered offers and discounts on purchases.
The average price of 24 carat pure gold in the spot market across the country was Rs 50,849 per 10 grams (excluding GST) though a day ago it was Rs 50,702 per 10 grams. On the other hand, the price of 22 carat pure gold was Rs 50,645 per 10 grams as against Rs 50,499 per 10 grams a day ago. On the other hand, the average price of silver was Rs 62,700 per kg, as against Rs 62,797 per kg in the previous session.
At the Multi Commodity Exchange (MCX) at 6.42 pm, gold was trading at Rs 50,925 per 10 grams, up Rs 325 or 0.64 per cent from the previous session. On the other hand, silver on the MCX was trading at Rs 63,713 per kg, up 1.55 per cent from Rs 974 in the previous session.
આજના તમામ પ્રકારના લાઈવ સમાચાર માટે અહી ક્લિક કરો
ગૂગલપે લોન લેવા માટે અહી ક્લિક કરો
Market expert Sandeep Jain has recommended the names of 5 such stocks. He says that if you have a long view of investing then you can invest in these 5 stocks for a return. He said you can invest in these five stocks for at least 6 months. According to him, investment can be made in IT giant Infosys. The business of IT companies has grown during the Corona crisis. The stock is currently priced at Rs 1,402. The stock has corrected 5 percent this month.
Investing in shares of icici bank, the second largest bank in the private sector, can yield good returns in a few months. Shares of ICICI Bank are hovering around Rs 560. The stock traded at Rs 680 in February this year. From where the stock has corrected about 20 percent.
On the one hand, figures like 8.4 per cent GDP growth are making investors happy, on the other hand, the new type of corona virus, Omicro, has created fear in the hearts of the people.
Sometimes the stock market goes up suddenly. Indeed, investors are a little confused about this constant ups and downs. On the one hand, figures like 8.4 per cent GDP growth are making investors happy, on the other hand, the new type of corona virus, Omicron, is causing fear in the hearts of the people. Investors who were excited to see the market rise a few days ago are now scared.
Now if you look at the decline in the market, this decline is just a correction, much less than the biggest decline in history. The stock market has been rising since March 2020, but has not fallen sharply yet. If we go back a little, we find that the rise in the stock market from 2004-2008 saw about 6 corrections. Their average is 15 percent. It also saw a correction of up to 30 per cent. And it took 25 weeks to recover from that decline. Apart from this, the stock market increased 2.5 times between 2009-2010. During this time there were 4 corrections, averaging 12 percent.
In the Mumbai market, the dollar opened at Rs 6.5 against the dollar at the beginning of the day and then closed at Rs 4.51, after falling to a low of Rs 4.31. . Today, the dollar fell 19 paise overall.
Meanwhile, in the Mumbai currency market, the British pound opened at Rs 105.15 this morning with a price of Rs 103.5. Prices continued to rise against the rupee today.
However, the euro was soft. The euro opened at Rs 4.5, up from Rs 3.5 today, after touching a high of Rs 4.5 and a low of Rs 4.5, before closing at Rs 4.5. Thus, the euro depreciated against the rupee today.
Japan’s yen was down 0.05 per cent at the end of the day against the rupee today, while Chinese currency was quoted 0.08 per cent higher, market sources said.
For the second day in a row, the stock market rebounded, how many points rose in the Sensex-Nifty?
. 👉 આજના સોના ચાંદીને આજનો ભાવ
Exchange-traded fund Nifty Bees, which tracks the 50-share Nifty index saw a record turnover of Rs 281 crore on December 21. This compared to an average daily volume of a little less than Rs 30 crore between January 1 and December 20. Let’s Take a closer look at the ‘what’ and the ‘why’ of this trend
