Gold Price Today: After the rise in the price of gold for several days, there is a continuous decline in the price of gold for the last 3 days. Due to the huge fall, there is a big break in the price of gold in the bullion market.
New Delhi: Due to a sharp fall in the price of gold, once again the demand for gold has increased. Earlier, due to the Russo-Ukraine war, there was an increase in the price of gold for several days. Due to the sharp increase, the price of gold was moving very fast towards its all-time high rate. In the international market too, there was a good increase in the price of gold in the last week, but once again there has been a huge fall in the price of gold.
Gold prices falling for 3 consecutive days
After a sharp fall in the price of gold in the bullion market, the price of 22 carat gold has reached Rs 47,300 per ten grams on Wednesday. According to the Goodreturns website, before the market opened, the price of gold saw a fall of Rs 300 per ten grams. On Tuesday, gold had closed in the market at Rs 47,600 per ten grams. Earlier on Tuesday, there was a fall in the price of gold by Rs 500 per ten grams. Before the market opened, the price of gold was Rs 48,100 per ten grams.
On Monday, a fall of Rs 310 per ten grams was seen in the price of 22 carat gold. Earlier on Sunday, the price of gold was Rs 48,410 per ten grams.
Apart from this, a fall of Rs 1,210 per ten grams has been seen in the price of 24 carat gold in the last 3 days. Before the market opened on Wednesday, the price of 24 carat gold was Rs 51,930 per ten grams. After this, after the fall in the price of gold by Rs 330 per ten grams, it is being sold at Rs 51,600 per ten grams.
Gold became so much cheaper than the record rate
In the month of August 2020, the price of gold had reached its all-time high rate. In August, 2020, the price of gold had reached Rs 55,400 per ten grams. Today, the price of 22 carat gold in the market is Rs 47,300 per ten grams. If you compare today’s price with its all-time high rate, then you will see that gold has broken up to Rs 8,100 per ten grams.