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Gold Silver Price: As soon as the ceasefire was announced amid the war in the Middle East, there has been a decline in the prices of gold and silver. There has been a decline in the prices of gold and silver on the official website of India Bullion and Jewelers Association (IBJA) ibjarates.com. Gold and silver were rising for the last several days but today on Thursday, April 9, a huge fall has been recorded. Silver has become cheaper by about 8 thousand rupees, while the price of gold has decreased by about 15,00 rupees.

For the last two days, there was a continuous rise in both gold and silver, but today both slipped. On Thursday, there was a decline of about 2 percent in the price of gold and about 3 percent in the price of silver. According to experts, a lot of fluctuations can be seen in the prices of gold and silver in the coming few days. In such a situation, if someone is planning to invest, then he should avoid taking hasty decisions.

What is the status of silver?

Today a decline of about 3 percent has been recorded in silver. In January, the price of silver had crossed Rs 4,20,000 per kg. But after this it completely collapsed. At present, silver is still trading around Rs 1,83,000 below its all-time high. Currently the price of silver on Multi Commodity Exchange (MCX) is around Rs 2,37,000.

Gold price?

Initially, a decline of more than 1 percent was recorded in the price of gold, but later the market changed its course and took a turn. Now gold is falling by about Rs 500 per gram. At present the price of gold is hovering around Rs 1,51,000, which is about Rs 42,000 less than its all-time high. In January, the price of gold had crossed Rs 1,92,000.