Mumbai: Gold and silver prices in India were changing a lot in the past few weeks because of tensions between Iran, Israel and the United States. But today, there is some relief for customers.
In Jalgaon market, prices have fallen:
Gold price dropped by about ₹1,200
Silver price dropped by about ₹5,000
Gold: from ₹1,52,200 to ₹1,51,000
Silver: from ₹2,53,000 to ₹2,48,000
This makes today a good time to buy.
Today is Gurupushyamrut Muhurat, which is seen as a very lucky day. Many people believe it is a good time to buy gold, silver, or start something new.
What is Karat?
Karat (K) tells how pure the gold is:
24K: Almost pure gold (very soft)
18K: Mixed with other metals, stronger
14K: Less pure but more strong and long-lasting
Pure gold is soft, so other metals like copper or silver are added to make jewellery strong.
Gold and silver prices have dropped today, and since it is a lucky day, many people may choose to buy jewellery or invest