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Below the "Quote on Gold" by Mr. Veer Mishra, Co-Founder of Plus

Gold

* 24-carat gold: ?5,995 per gram

* 22-carat gold: ?5,495 per gram

Silver: ?70.9 per gram

Domestic factors that affect gold and silver prices in India:

Demand: India is one of the largest consumers of gold and silver in the world. The demand for both metals is driven by a number of factors, including religious and cultural beliefs, investment, and industrial use.

Supply: India is a net importer of both gold and silver. The supply of both metals in India is dependent on imports from other countries.

Government policies: The government of India has a number of policies in place that affect the gold and silver markets, such as import duties and taxes.

Global economic conditions: The global economic conditions also have an impact on the prices of gold and silver in India. For example, when the global economy is strong, the demand for both metals tends to increase, which can lead to higher prices.

Other domestic factors that can affect gold and silver prices in India:

Festivals: Gold and silver are popular purchases during Indian festivals, such as Dhanteras and Diwali. This seasonal demand for gold and silver can also tend to push up prices.

Wedding season: Gold and silver are also popular gifts for weddings in India. This demand also helps to support prices, especially during the wedding season (November to June).

Investment: Gold and silver are also seen as good investments in India, and many people buy both metals to save for the future. This investment demand also helps to keep prices high. It is important to note that the prices of gold and silver can fluctuate on a daily basis. It is always best to check with a reputable jeweler before buying or selling either metal.

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