Gold Price Today: Gold rates fall by Rs 8000, Check latest Update!

New Delhi: On the second day of the week, there has been a decline in the price of gold and silver in the domestic market. Earlier on Monday also, there was a softening in the prices of gold and silver.

On Tuesday, for the third consecutive day, a breakdown was seen in the yellow metal. With this, the price of gold is continuously falling. According to the Good Returns website, on Tuesday, the price of 22 carat gold declined from Rs 47,760 to Rs 47,730 per gram. At the same time, today silver was trading at Rs 71,900 per kg.

Gold is getting cheaper by Rs 8,000:

Gold and silver prices remained weak in the Indian market today amid the recent fall in international rates. On MCX, gold slipped for the third day at Rs 48493 per 10 grams, while silver fell 0.8% to Rs 71301 per kg.

In the previous session, gold had lost 0.8 per cent and silver 0.56 per cent. Gold has failed to maintain gains after hitting a 5-month high of 49,700 earlier this month. In August last year, gold touched a record level of Rs 56,200. In this sense, gold is still getting cheaper by Rs 8,000 from the record level.

Gold at Rs 47,650:

According to Good Return, the price of 22 carat gold in New Delhi is Rs 47,650 per 10 grams. In Chennai it has come down to Rs 45,750. At the same time, the rate of 22 carat gold in Mumbai is Rs 47,760 / 10 grams. Silver fell by Rs 400 per kg to Rs 72,300 per kg from Rs 71,900 in the previous trading day.

According to Bloomberg, on Monday evening, the futures price of gold on Comex was down 0.98 percent or $ 18.50 to trade at $ 1861.10 an ounce. At the same time, the global spot price of gold was down by 1.02 percent or $ 19.12 at this time to trade at $ 1858.41 an ounce.

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