Gold and silver prices fall before Dhanteras

Today i.e. on Thursday (November 9), a decline was seen in the prices of gold and silver. According to the website of India Bullion and Jewelers Association (IBJA), the price of 24 carat gold in the bullion market has fallen by Rs 423 to Rs 60,117 per 10 grams. Whereas the price of 18 carat gold has remained at Rs 45,088. Tomorrow i.e. 10th November is Dhan Teras. Investing in gold is considered auspicious on this day.

Apart from this, a slight decline has also been seen in the price of silver today. It has slipped by Rs 109 to Rs 70,100 per kg. Earlier it was at Rs 70,209.

Gold became costlier by more than Rs 3,600 in October
There was a spectacular rise in the prices of gold and silver in the month of October. Last month, a rise of Rs 3,651 was seen in the price of gold. At the beginning of October i.e. on October 1, it was at Rs 57,719 per 10 grams, which reached Rs 61,370 on October 31. Whereas silver had come down from Rs 71,603 per kg to Rs 72,165.

You can invest in this money Teras Gold ETF
Tomorrow i.e. 10th November is Dhan Teras, if you are planning to invest in gold on this day then Gold ETF can be a better option. The facility of buying gold like shares is called Gold ETF. These are exchange-traded funds, which can be bought and sold on stock exchanges. Since the benchmark of a gold ETF is spot gold prices, you can buy it close to the actual price of gold.

Demat account is necessary to invest in it: To buy gold ETF you have to open a demat account. In this, you can buy units of Gold ETF available on NSE or BSE and the equivalent amount will be deducted from the bank account linked to your Demat account.