Impact of the Russo-Ukraine War / Gold 53 Hazari, Silver price crosses 70 thousand, Rupee collapses against Dollar

The war between Russia and Ukraine has intensified and this conflict has 12 days on Monday and its effect is visible on the stock market, from crude oil to gold prices. The rise in the prices of precious metals is also continuing due to the intensification of the war. If you are planning to buy jewelery then it is important for you to know their latest prices first. On Monday, the price of gold on MCX crossed 53 thousand. It gained 1.99 percent and the price of gold has reached Rs 53,605 per 10 grams.

Silver crossed 70 thousand

While there has been a strong jump in the price of gold, on the other hand the rise in the price of silver is also not taking its name to stop. Its price has crossed 70 thousand. On Monday, the price of silver rose by 2.37 percent. With this, the price of silver has increased to Rs 70,800 per kg.

Know the purity of gold in this way

Mostly 22 carats are used for making jewellery. Some people also use 18 carat gold. The hall mark is made according to the carat on the jewellery. 999 is written on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat.

Know the prices in your city here

The price of gold jewelery varies across the country due to excise duty, state taxes and making charges. You can also check your city gold price on mobile. According to the Indian Bullion and Jewelers Association, you can check the price by just giving a missed call on the number 8955664433. Your message will come on the same number from which you message. In this way you will know the latest rate of gold sitting at home.

Rupee collapses against dollar

While on the one hand there is a tremendous decline in the stock market, on the other hand, the Indian currency rupee opened with a weakness of 77 paise at Rs 76.93 against the US dollar on Monday. Significantly, on the last day of the last trading week, the rupee closed at Rs 76.16 with a weakness of 25 paise against the dollar on Friday. According to a report, so far this year the rupee has depreciated by 3.60 percent.