Gold Rate Today 5 August 2022: Even on Friday, gold has been seen trading with a decline. On Friday morning, there is a fall in the futures price of gold on MCX.
New Delhi. At present, if you are planning to buy gold, then this time can prove to be the best for you. The price of gold has been released in the Indian bullion market today. On the fifth trading day of the week i.e. Friday, the price of gold is on the decline. On Friday also, gold has been seen trading with a fall. On Friday morning, there is a fall in the futures price of gold on MCX. Apart from this, if we compare today’s prices with the all-time high record level of gold, then gold is cheaper today by about three and a half thousand rupees.
Gold Rate Today on MCX
This morning at around 9:42 am, gold for October delivery was seen trading with a fall on MCX. However, this decline was very minor. During the early morning trading on MCX, there was a very slight fall in gold prices by Rs 5, ie, 0.01 percent. Today, gold was trading at Rs 52,160 per ten grams on MCX. In the previous trade, gold was trading at a level of Rs 52,165. At the same time, business was done for 16,023 lots during this period.
How much did the price of gold fall from the all-time high rate
If today compare the price of 24 carat gold with the futures price of MCX with its all time high price, then gold is selling much cheaper than its record high value. Let us tell you that in August 2020, 24-carat gold had reached its all-time high rate of Rs 55,400 per ten grams. If you compare today’s rate with this rate, then today the price of gold has seen a fall of Rs 3,235.
