Gold price down Rs 2000 Today: Best time to buy gold ahead of festival season

The price of gold has been decreasing since last few days, today the price of gold has decreased again in the China market. Silver rate has also fallen by Rs 2,000.

Today Gold and Silver Rate: This is indeed a sweet news for women. The price of gold has been decreasing since last few days, today the price of gold has decreased again in China market. Silver rate has also fallen by 2,000 rupees.

Since the last week of last September, the price of gold has been falling continuously. According to an estimate, this is the smallest decline in the last 7 months. The price of gold has fallen by Rs 4,000 in the last 10 days.

The demand for gold in the international market is low. Also, auspicious ceremonies are not taking place this time. Due to all these reasons the price of gold has decreased. If jewelers show more willingness to buy gold, prices are likely to rise.

Gold price down Rs 2000 Today: Best time to  buy gold ahead of festival season
Image Credit to Original Source

Gold Price in Bengaluru:

In Bengaluru, the capital of Karnataka, the price of gold has also decreased. The price of 24 carat gold was Rs 5,804 per gram yesterday and today it has decreased to Rs 5,738. 10 grams of gold, which was Rs 58,040, today fell to Rs 5,738.

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Let’s look at the price of 22 carat gold. One gram gold price was Rs 5,320 yesterday and today it is Rs 5,260. 10 grams of gold today is Rs 53,200, today it is Rs 52,600.

In Mumbai, the country’s major Chinese market, gold has also declined. Rs 600 rupees decrease in 22 gram gold. The price of 10 grams of gold has come down to Rs 52,750. In Delhi too, the price of gold has decreased and the price of 10 grams of gold has decreased to Rs 57,530 rupees.

Gold price down Rs 2000 Today: Best time to  buy gold ahead of festival season
Image Credit to Original Source

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In Hyderabad, the price of gold has also decreased, the price of 22 carat gold is Rs 52,600 per 10 grams, and the price of 24 carat gold has come down to Rs 57,380. Through this, the price of gold has decreased by more than Rs 600. This has made the gold jewelery lovers very happy.

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The price of gold is stable in the global market as well. Gold prices were at $1824 per ounce, while silver prices were marginally lower. Silver was trading at $21.19 an ounce, while the Indian currency was trading at Rs 83.275.

It is said that the price of gold will decrease for the next couple of months. Experts estimate that gold and silver prices are likely to rise only after the start of auspicious ceremonies in India. There has also been a decrease in the price of silver. Silver price in Delhi is currently Rs 71000 per kg, down by Rs 2000.

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