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Gold and silver prices: On the last day of the year 2020, gold, silver became expensive, find out how much the price

Today, on the last day of 2020, gold and silver prices have risen in the national capital. According to HDFC Securities, gold price rose by Rs 235 to Rs 49,675 per 10 grams today. In previous trading, the yellow metal closed at Rs 49,440 per 10 grams.

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Rupa 273 rupees has become expensive

Speaking of silver, the price of silver today rose by Rs 2 per kg to Rs 67,673 per kg from Rs 67,710 per kg in the previous trading session. Gold and silver traded at ৮ 1,794 an ounce and ২ 2.52 an ounce, respectively.

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151 percent came back in a decade

If you look at the data from January 2011 to December 2020, Sonaks has outperformed both Sensex and Silver in terms of returns. Gold has returned 151 percent this decade. Gold had a good lead in 2011, but then from January 2012 to June 2017 it was around 28,000. In other words, it did not give any return for five and a half years. Gold has started picking again from December 2019 and has created a new historical level.

Sovereign gold bond scheme for investors

Under the Sovereign Gold Bond Scheme, investors will be able to buy gold at a much lower price than the market price. The scheme is open for only five days and ends on January 1, 2021. So if you want to take advantage of this plan, don’t delay. According to the income tax rules, there will be many more benefits besides discount on profit on its sale

Possibility to buy cheap gold

The investment period under this project has started from 28th December 2020 and its last day is 1st January 2021. The government has given five days to invest in the project. This is the ninth series of 2020-21 fiscal year for investing in government gold bonds. The first series began in April 2020 and ended on April 24, 2020.

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