Gold Price Today: The mention of gold in every household brightens up the face, because it is not just a metal, but a symbol of our tradition, security and respect. Be it a festival, wedding or investment – gold has always been a favorite of Indians. And the news that has come today is very special for all those who were planning to buy gold for a long time.
Table of Contents
Big fall in gold prices
Today, gold prices in the Indian bullion market have fallen by about Rs 550 per 10 grams. This fall did not come suddenly, but there are some important international reasons behind it. The reduction in tension in West Asia and the hopes of a trade agreement between the US and China are bringing positivity in the market, due to which the demand for gold has decreased a bit. This is the reason why gold prices have come down so much today.
What is today’s gold price in your city
There is a slight difference in price in every city of India due to tax, demand and transport, but still today the prices of gold are relatively low across the country.
Today in Mumbai, 22 carat gold has reached Rs 90,450 per 10 grams, which is considered a big drop in recent days. 22 carat gold is available in Delhi for Rs 89,889, in Chennai and Bengaluru for Rs 89,850, and in Chandigarh for Rs 90,889. The prices in Kolkata and Hyderabad are Rs 89,889 and Rs 89,750 respectively.
On the other hand, if we talk about 24 carat gold, which is considered the purest, then its price in Mumbai is Rs 98,550 per 10 grams. It has been recorded at Rs 97,750 in Delhi, Rs 97,950 in Chennai, and Rs 98,650 in Chandigarh. In Ahmedabad and Bengaluru, this price remains around Rs 97,850.
Why are gold prices falling
Whenever there is a major political or economic development in the world, it has a direct impact on the price of gold. This time the news of reduction in tension in West Asia and improvement in US-China relations has given stability to the market. This has shifted the focus of investors from safe investment to other options, due to which the demand for gold has decreased slightly and prices have fallen.
Know the price of gold in your city from home
If you live in a small city or town and want to know what is the price of gold in your area today, then it is very easy to know. You can see the latest rates by visiting ibjarates.com or you can get updated information of your city by giving a missed call on 895566443.
Buy today, don’t regret tomorrow
Today’s fall is a special opportunity for those who wanted to buy gold for a long time but were stopped due to rising prices. Due to this fall, now is not only the time to invest, but also the right time to buy for festivals and wedding occasions.[Related-Posts]
Many experts believe that as soon as the situation becomes tense again at the international level, gold prices may go up again. In such a situation, this is the right time when you can make a profitable deal for the future by taking a little sensible decision.
Disclaimer: This article is written for the purpose of providing information only. Gold prices may change every day according to market conditions and global factors. Please confirm the price with your local goldsmith or official website before making a purchase.
Also Read:
NHPC शेयरों में जोरदार उछाल: निवेशकों के चेहरे पर लौटी मुस्कान
Belrise Industries में ‘Buy’ रेटिंग के साथ 31% उछाल का भरोसा, जानिए क्या हैं वजहें
Join WhatsApp Group