Mumbai : The biggest news has come for the general public. There can be a big fall in the price of gold before Diwali. Along with this, the prices of edible oil will also fall. The central government has decided to reduce the basic import price of oil and gold and silver (price of gold and silver) used in this fortnight. Due to which common people will get relief.
Fall in oil prices?
According to a statement issued by the government, prices have improved in the global market. According to media reports, the government has increased the base price of crude palm oil (edible oil) from 996 per tonne to $ 937. After this decision of the government, there may be a fall in the base price of palm oil.
Will the price of gold and silver decrease?
There is also a possibility of a fall in the price of gold and silver. According to market experts, if the original import price of a product is lower, the customs duty automatically gets reduced. Its direct effect is being seen on the price. Therefore, there is a possibility of some fall in the prices of gold and silver.
The government has also reduced the base price of RBD. It has been decided to increase it from $ 1,019 to $ 982 per tonne. The base price of crude soybean oil has been reduced from $1,362 to $1,257 per tonne, the base price of gold has been reduced from $549 per 10 grams to $553 per 10 grams and the base price of silver has been reduced from $635 to $608. per kilogram. ,
How much will gold fall?
According to experts, if the price of gold falls below Rs 49,650, then its price can go up to Rs 48,000. If it falls below this, it can fall to Rs 46,600. If gold is falling then this is going to be a good buying opportunity for you. So this will give relief to the common people.
