Gold Price: Due to the Russo-Ukraine war, there are large fluctuations in the price of gold in the bullion market. While there was a huge increase in the price of gold on Thursday, there was a fall in the value of the yellow metal on Friday.
New Delhi: Gold Price: Due to the Russia-Ukraine war, there are big fluctuations in the price of gold in the bullion market. On Thursday, where there was a huge increase in the price of gold by Rs 1370, the yellow metal fell on Friday. At the same time, there has been a decrease in the price of silver.
On Friday, the price of 22 carat gold saw a fall of Rs 400. On Thursday, where the rate of gold was Rs 47,250 per ten grams, which came down to Rs 46,850 per ten grams on Friday.
24 carat gold became cheaper by Rs 440
Similarly, there was a decrease of Rs 440 in the price of 24 carat gold. Where on Thursday, 10 grams of gold was sold at Rs 51,550 per ten grams, while on Friday the price of gold came down to Rs 51,110.
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Gold became so much cheaper than the record rate
Let us tell you that in the month of August 2020 in the bullion market, the price of gold had reached its all-time high rate. In August, 2020, the price of 22 carat gold was Rs 55,400 per ten grams. If we compare today’s price of gold at Rs 46,850 per ten grams with its all-time high rate, then we will find that gold has become cheaper by Rs 8,550 per ten grams.
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