Gold Price Today 12 July 2022: According to the data received from MCX website, there has been a decline in the price of gold today. In this morning’s trading on MCX, gold was seen trading with a good fall.
New Delhi. The price of gold continues to fluctuate continuously in the Indian bullion market. However, if you are thinking of buying gold at the present time, then you have a great opportunity right now. You can buy gold at a much lower price than the all-time high rate of gold. If we compare today’s price of gold with its all-time high rate, then gold of 24 carat purity is still being sold cheaper by more than Rs 4 thousand per ten grams.
What is the price of gold
According to the data received from MCX website, there has been a fall in the price of gold today. In this morning’s trading on MCX, gold was seen trading with a good fall. Till 9 am today, gold for delivery on MCX was seen trading at Rs 50665 per ten grams with a fall of Rs 114, or about 0.22 per cent, on MCX.
As of 9 am today, 8,866 lots were traded for gold for August delivery on MCX. Let us inform that, in the previous trade, gold on MCX had closed at Rs 50779 per ten grams.
Gold is getting so much cheaper than the record high rate
Let us tell you that, if you compare with the record high level of gold, then today is a great opportunity to buy gold. On the second trading day of the week, that is, Tuesday, there is a good fall in the price of gold. Gold of 24 carat purity is available today at a low price.
In the month of August 2020, gold had reached its all-time high rate. In August, 2020, gold had reached its all-time high rate of Rs 55,400 per ten grams. Today if we compare the current price of gold with its all-time high rate, then you will find that gold is currently selling cheaper by Rs 4,735 per ten grams.
