In the last 100 days, gold in India’s futures market has earned investors more than 9 percent. Which is a higher return than any other asset. While silver has seen an increase of 7 percent in 100 days.
The year 2023 has been very good for gold and silver so far. In the last 100 days, gold in India’s futures market has earned investors more than 9 percent. Which is a higher return than any other asset. While silver has seen an increase of 7 percent in 100 days. By the way, in the year 2023, gold has also made its life time high. After the year 2020, there has been an increase in the price of gold in this way. Let us also tell you how gold and silver have made investors earn in the last 100 years.
Gold price increased by more than 9 percent in 100 days
- On December 30, 2022, the last trading day of the year, gold was at Rs 55,017 per ten grams.
- On 10 April 2023 i.e. after 100 days, the price of gold reached Rs 60,038 per ten grams.
- This means that in 100 days, the price of gold has increased by Rs 5,021 per ten grams.
- If we look at it in percentage, then there has been a rise of 9.12 percent in the price of gold.
- On the other hand, if we talk about 100 days, there has been a decline in the price of gold by Rs 473 per ten grams.
- During the trading session on Monday, the price of gold had reached Rs 59,912 per ten grams.
Read this also :- 100 Days of 2023: With every heartbeat, the market suffered a loss of 22.25 lakhs, this was the condition of the market
There was a tremendous rise in the price of silver
- Silver had closed at Rs 69,413 per kg on 30 December 2022 i.e. the last trading day of the year.
- On 10 April 2023 i.e. after 100 days, the price of silver reached Rs 74,324 per kg.
- This means that in 100 days, the price of silver has increased by Rs 4,911 per kg.
- If we look at it in percentage, then there has been a rise of 7.07 percent in the price of silver.
- On the other hand, on the 100th day, a decline of Rs 246 per kg has been seen in the price of silver.
- During the trading session on Monday, the price of gold had reached Rs 74,057 per kg.
Increase in the price of gold and silver in foreign markets
- Gold futures closed at $ 1,826.20 per ounce in the Comex market on December 30, 2022, the last trading day of the year.
- On April 10, 2023 i.e. after 100 days, gold futures closed at $2,010.10 per ounce in the Comex market.
- In 100 days, there has been an increase of 10.07 percent in the price of gold futures in the Comex market.
- On 30 December 2022 i.e. the last trading day of the year, the gold spot in the Comex market closed at $ 1,824.02 per ounce.
- On 10 April 2023 i.e. after 100 days, gold futures closed at $ 1,994.44 per ounce in the Comex market.
- In 100 days, there has been an increase of 9.34 percent in the gold spot price in the Comex market.
- Silver futures closed at $ 24.04 per ounce in the Comex market on December 30, 2022, the last trading day of the year.
- On April 10, 2023 i.e. after 100 days, silver futures closed at $25.06 per ounce in the Comex market.
- In 100 days, there has been an increase of 4.24 percent in the price of silver futures in the Comex market.
- On 30 December 2022 i.e. the last trading day of the year, the silver spot in the Comex market closed at $23.95 per ounce.
- On April 10, 2023 i.e. after 100 days, the price of silver spot in the Comex market closed at $ 24.92 per ounce.
- In 100 days, an increase of 4.05 percent was seen in the price of silver spot in the Comex market.
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