Gold Price Today: After the continuous fall in the price of gold, today gold is being sold in the market at a very cheap price. After the fall on Monday, this is the price of gold today.
New Delhi: There has been a big fall in the price of gold in the bullion market across the country. Due to this fall in the price of gold, there is a huge increase in the demand for gold in the market today. Let’s know what is the price of gold in the market today
Know what is the price of gold
On Monday, the price of 22 carat gold fell by Rs 150 per ten grams. Before the market opened, the price of gold was Rs 47,950 per ten grams. After this fall, now the price of gold has gone up to Rs 47,500 per ten grams.
Apart from this, the price of 24 carat gold also saw a fall of Rs 320 per ten grams on Monday. Before the market opened on Monday, the price of gold was Rs 52,460 per ten grams, after which gold rose to Rs 52,140 per ten grams.
Gold became so much cheaper than the record price
In August, 2020, the price of gold had reached its all-time high rate. In August, 2020, the price of gold was Rs 55,400 per ten grams. Compare this record rate with today’s price, so today gold has become cheaper by Rs 7,600.
Gold prices also fell on MCX
Gold futures on Monday fell by Rs 116 to Rs 51,228 per 10 grams in futures trade as speculators reduced their positions due to weak demand.
On the Multi Commodity Exchange, gold for April supply contract fell by Rs 116, or 0.23 per cent, to Rs 51,228 per 10 grams. It traded for 62 lots. Market analysts said cutting down of positions by participants led to the fall in gold futures. Globally, gold traded 0.45 per cent higher at USD 1,932.40 an ounce in New York.
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