Gold Price Today: Yellow Metal rates fall to Rs 11500, Check Price!
Gold prices reached Rs 44,768 per 10 grams in Delhi Bullion Market on Thursday. Which is the lowest level in 10 months.
New Delhi: For the seventh consecutive day in the Indian market, the price of gold fell on Thursday. Due to which gold prices have come down to a 10-month low in early trade today. On Thursday, gold futures on MCX fell 0.4% to Rs 44,768 per 10 grams, while silver futures slipped 0.8% to Rs 68,989 per kg.
In the last trading session, the price of gold had fallen by Rs 600 per 10 grams, while silver had fallen by Rs 1150 per kg. Gold has become cheaper by about Rs 11500 in the last 10 months. Let us know that in August 2020, gold reached a record level of Rs 56,200.
Today's Gold Price (Gold Price):
Gold prices reached Rs 44,768 per 10 grams in Delhi Bullion Market on Thursday. Which is the lowest level in 10 months. At the same time, in the international market, gold prices are at a 9-month low. Spot gold touched $ 1,711 an ounce.
Today's Silver Price (Silver Price):
Silver futures fell to 68,989 per kg in Delhi Bullion Market. At the same time, silver rose 0.4% to $ 26.18 an ounce in the international market today.
There is a strong demand for gold in the domestic market. The wedding season is going on and the prices have come down considerably. In such a situation, the pressure of demand will increase further. In this sense, the fall in prices is a matter of short term. Gold will bounce back soon. This is why it is the most golden macaque to buy gold jewelery.
International and Commodity at Capital Advisor Kshitij Purohit said that gold is trending sideways right now. That is, there will be no major change in its price. And MCX Gold can remain at the level of 45600-45800.