New Delhi: Gold Price: There is a golden opportunity to buy gold on the new year. There is a huge drop in the price of gold. There was a big fall in the price of gold in the bullion market on Wednesday. In the national capital, gold ended with a loss of Rs 216 at Rs 47,010 per 10 grams. HDFC Securities gave this information.
Let us tell you that in the last trading session, gold had closed at Rs 47,226 per 10 grams.
Silver fell by Rs 179
Along with gold, silver prices also declined in the bullion market. On Wednesday, silver also closed down by Rs 179 at Rs 61,348 per kg. It had closed at Rs 61,527 per kg in the last trading session.
In the international market, gold was trading lower at USD 1,804 an ounce, while silver remained almost unchanged at USD 23.07 an ounce.
…So this is the reason
HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Spot gold prices weakened to USD 1,804 an ounce on the New York-based commodity exchange Comex on Wednesday. The price of this precious metal was also under pressure due to the strengthening of the dollar.
Gold prices fall by Rs 8,400
After the fall in the price of gold on Wednesday, gold has become cheaper by Rs 8,390 per ten grams from its all-time high rate. In August last year, gold had reached its all-time high rate of Rs 55,400 per ten grams.
If we compare the current price of gold with this price, then we will find that gold has become cheaper by Rs 8,390 per ten grams.
Let us tell you that you can find out the price of gold even sitting at home. You have to give missed call on 8955664433. After this a message will come on your mobile, in which you can see the latest price of gold.
