Gold Price Today- If you are thinking of buying gold on this Dhanteras or Diwali, then now is a great opportunity for you. Before Dhanteras, gold rates are continuously declining. Today again the fall in gold prices has been recorded. Is. After this fall, gold has come down to Rs 47,765 per 10 grams. At the same time, there is a rise in the prices of silver.
New Delhi. Before Dhanteras 2021, there has been a decline in gold prices. Today on Wednesday, the price of gold on Multi Commodity (MCX) has declined by 0.10 percent. After this fall, gold has come down to Rs 47,765 per 10 grams. At the same time, there is a rise in silver prices today. On MCX, silver is trading at Rs 65050 with a gain of 0.09 per cent.
If we look at last year according to October 2020, then at present gold is still getting cheaper up to Rs 4 thousand. Last year, the price of 10 grams of gold on MCX was at Rs 51,079 on this day, today gold is being sold at Rs 47,765. In such a situation, Rs 3,314 is still being sold cheaper than the record level.
The price of gold will reach Rs 50,000
in view of the current prices of gold, the question in front of large sections of investors and jewelery buyers is whether to invest in gold now or stop. If experts are to be believed, then for some time there has been a continuous upward trend in the price of gold. If this strong sentiment regarding buying in gold continues, then by Diwali, the price of gold can reach the level of Rs 50,000. In other words, if you buy at the current price, you can earn more than Rs 2,500 for every 10 grams.
Why will gold prices rise?
The rise in gold prices has been recorded in recent days due to the weakness in the dollar. Apart from this, the effect of increased demand from common consumers in the festive season is also visible on the prices of gold. After the corona epidemic in India, the import of gold has increased once again. At the same time, the prices of gold are also increasing in the spot market. Along with this, gold is also getting the benefit of the global trend. At the same time, increasing the yield of US Treasury bonds is also supporting the price of gold. Not only this, gold is also getting support in the price of crude oil.
Find out gold rate by giving a missed call
Let us tell you that you can easily find out these rates sitting at home. For this, you just have to give a missed call to this number 8955664433 and a message will come on your phone, in which you can check the latest rates.
