Gold price today: The prices of gold and silver have come down significantly. The reason behind this is the fall in the global market. Now the price of gold has come down to Rs 4,700 from the record level.
New Delhi: The season of weddings is about to begin and during this time a good news is coming about precious metals gold and silver. Gold-Silver Prices have come down. Therefore, this time is beneficial for people who are planning to buy jewelry for weddings. In fact, due to the volatility in the global market, there has been a fall in the prices of gold and silver in the Indian market on Thursday.
Gold went below 51 thousand rupees
According to the Multicommodity Exchange (MCX), the futures price of 24 carat purity fell by Rs 47 to Rs 50,906 per 10 grams at 09:10 am. Let us tell you that the price of gold was opened at this price and then remained stable. In this way, gold is still selling below its record level by about Rs 4,700 per 10 grams.
Silver also declined
On the other hand, talking about the prices of silver, there was a big fall in silver prices on MCX on Thursday and silver fell below 67 thousand. The price of silver has fallen by Rs 537 to Rs 66,869 per kg. Like gold, silver is also selling well below its record level. Its current price is about 6 thousand rupees less than the record level. Whereas a day before this, there was some jump in the prices of gold and silver.
… and the rate may decrease
Amid the fall in prices, experts say that the gold prices may come down further after the end of the ongoing war between Russia and Ukraine. Let us tell you that earlier during the Corona epidemic, the price of gold had reached its record level. In 2020, gold was selling up to Rs 55,700 per 10 grams.
