Gold Prices today: 21% drop in gold prices from record highs.
New Delhi:
Gold-Silver Prices Today: Despite the average rise in gold prices, a continuous decline continues. In Indian markets, gold has become almost 21 per cent cheaper than its record high. There is a similar momentum of gold in global markets. Gold was an all-time record so far in August 2020, when the metal was selling at Rs 56,200 per 10 grams, but in the last few months, gold prices have registered a steady decline, after which gold per 10 grams was almost 11,000 rupees has become cheaper.
Also read
The demand for gold has increased in the past, due to which the US bond market is believed to be stable and the festive and weddings season is coming in the country, due to which there was a slight rise in the prices of gold last week.
If Good Returns According to the website, if you look at today’s figures, the price of 22 carat gold in Delhi is 44,380 and the price of 24 carat gold is 48,380. In Mumbai, 22 carat gold is running at 43,910 and 24 carat gold at 44,910. In Kolkata, 22 carat gold is 44,540 rupees, while 24 carat gold is 47,210 rupees. The price of 22 carat gold in Chennai is 42,490 and 24 carat is 46,350 rupees. These prices are per 10 grams of gold.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, after the last change, the price of gold today is something like this (These prices are stated per gram without GST charge)
24 carat – 4,494
22 carat – 4,341
18 carat- 3,595
14 carat – 2,988
At the same time, if we talk about silver Good Returns According to it, silver is being sold in Delhi at Rs 66,600 per kg. The price of silver in Mumbai and Kolkata is also the same. Silver is being sold at Rs 70,800 per kg in Chennai.