Gold Price Today: Wednesday can prove to be the best day for buying gold or making jewelry this week. You can get the benefit of the fall in the price of gold. Today there has been a sharp decline in the price of gold and silver.
New Delhi. The effect of the ongoing fall in the rate of gold in the Indian bullion market last week is being seen this week as well. On the third day of the week i.e. on Wednesday, a bumper fall has been registered in the rate of gold. Along with gold, the rate of silver has also come down drastically.
Today i.e. Wednesday can prove to be the best day for buying gold or making jewelry this week. You can get the benefit of the fall in the price of gold.
How much is the price of gold
According to the data received from the Goodreturn website, on the third business day of this week i.e. on Wednesday, a bumper decline has been registered in the price of gold. On Wednesday morning, the price of 22 carat purity gold fell by Rs 960 to Rs 47,400 per ten grams in the capital Delhi. On the other hand, if we talk about the price of the previous trading day i.e. Tuesday, on this day the price of gold was at the level of Rs 48,360 per ten grams.
On the other hand, there was a sharp fall in the prices of 24-carat purity gold on Wednesday morning. On Wednesday morning, the price of 24-carat purity gold fell by Rs.1050 to Rs.51,710 per ten grams. On the other hand, if we talk about the price of the previous trading day i.e. Tuesday, on this day the price of gold was at the level of Rs 52,760 per ten grams.
Silver also became cheaper
On Wednesday, along with gold, there was a great fall in the price of silver. On the third trading day of the week, the price of silver fell by Rs 1,700 to Rs 59,000 per kg.
On the other hand, if we talk about the price of the last trading day i.e. Tuesday, on this day the price of silver was at the level of Rs 61,500 per ten grams.
Gold became so much cheaper than the all-time high rate
If the gold rate is compared with the all-time high rate today, then a decrease of 8 thousand rupees has been registered in the prices of gold. Let us tell you that in August 2020, gold was at its all-time high rate of Rs 55,400 per ten grams.
