Wednesday 12 April 2017

news/updates on gold /silver prices

 News on Gold Price 
24 Karat : 29450/-(per 10 grams)
22 Karat : 28000/-(per 10 grams)

 News on Silver Price 
999 purity:425/-(per 10 grams) 
Articles :390/-(per 10 grams)

This morning gold was up by 0.1% in a good movement. but overall average base metal remains under pressure. with geopolitical developments with the usa attack a syrian air base , base metals privces have been little affected.

In india after demonitisation it has become a big problem for customers who use to buy with there local retailers who donot maintain proper accounts and now not able accept any atm, credit cards, customers not able to make sufficient cash payment there loyal shopkeepers. so hopefully it started becoming compulsory for every jewellery shop to maintain proper accounts of the sales and stocks.

it has become a good/win situation for stores maintaining there proper stock, accounts and paying proper taxes.

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