Gold Rate Today, July 8: Huge fall in the price of gold, prices crashed in 3 days, get jewelry made immediately
Highlights
- A major fall in gold prices has been recorded on Friday
- In the bullion market, the price of gold decreased by up to Rs 750 per 10 grams.
- The price of 10 grams of 22 carat gold in Delhi is Rs 46,850. has reached
Gold rate Today, July 8: If you are thinking of buying gold, then do not think now, go to the jewelery shop immediately and buy the jewelry. We are saying this because gold has become cheaper by Rs 1800 in the last three days. There has been a big fall in the prices of gold on Friday. In the bullion markets of Delhi, Chennai, Kolkata and Mumbai, gold prices have come down by up to Rs 750 per 10 grams.
How much is 22 and 24 carat gold (Gold 22 and 24 Carat Rate)
The price of 10 grams of 22 carat gold in Delhi is Rs 46,850. has reached. While the price of 24 carat gold has decreased by Rs 820. In this way, the price of 24 carat gold has become Rs 51,110 per 10 grams.
What are the prices in other cities (Gold Price in Delhi, Mumbai, Kolkata, Chennai, Meerut, Kanpur)
Gold Rate
Why are the prices falling (Gold Price Falling Reason)
According to gold market analysts, the fluctuations in gold rate including change in currency prices in international market, inflation, gold reserves with central banks, their interest rates, jewelery market, geographical tensions, trade wars and many more. There are many reasons. Gold prices are falling as the Federal Reserve has indicated that interest rates may rise.
Gold is expensive in the international market (International Gold Price)
Internationally, gold turned costlier on Thursday after the dollar recovered. Spot gold rose 0.1% to $1,740.16 an ounce. US gold futures closed 0.2% higher at $1,739.
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