There is a fall in the prices of gold and silver today i.e. on 24th September. According to India Bullion and Jewelers Association i.e. IBJA, the price of 10 grams of 24 carat gold has fallen by Rs 853 to Rs 1.51 lakh. One kg of silver has become cheaper by Rs 2,716 and has come down to Rs 2.30 lakh. This is the fourth consecutive day of decline in the prices of gold and silver. Silver has become cheaper by about Rs 7 thousand and gold by Rs 2,500 in 4 days. Will this decline last? Market experts believe that at present the prices of gold and silver may remain fluctuating: You can invest less money in gold through Gold ETFs. Gold ETFs are based on the rising and falling prices of gold. Gold ETFs can be bought and sold on BSE and NSE like shares. However, you do not get gold in this. Whenever you want to exit from it, you will get money equal to the price of gold at that time. You can start investing in this with less than Rs 100. How can one invest in it? To buy gold ETF you have to open a demat account through your broker. In this, you can buy units of Gold ETF available on NSE and the equivalent amount will be deducted from the bank account linked to your Demat account. Gold ETFs are deposited into your account two days after placing the order in your demat account. Gold ETF is sold through trading account only.
Source link
[ad_3]
Gold and silver prices fell for the fourth consecutive day: Silver became cheaper by ₹ 7 thousand and became ₹ 2.30 lakh kg, gold fell by ₹ 853 today.
