At present, it can prove to be much better for those who are willing to invest in gold or are planning to buy gold. Let us tell you that even on Tuesday, there has been a fall in the price of gold on MCX.
New Delhi. Gold rates have been released in the Indian bullion market on Tuesday, the second trading day of the week. Today, there has been a decrease in the futures price of gold in the Indian bullion market. At present, it can prove to be much better for those who are willing to invest in gold or are planning to buy gold. Let us tell you that even on Tuesday, there has been a fall in the price of gold on MCX. Today on MCX, gold has been seen trading with a fall in the morning trade. Apart from this, gold is getting cheaper by about 4 thousand rupees per gram even than its all-time high record rate.
Gold Rate on MCX
Today at around 8.35 am, there has been a fall in the gold futures price of MCX. According to the data available on the MCX website, this morning, gold for October delivery was seen trading down by Rs 96, or 0.19 per cent, at Rs 51,530 per ten grams. During this time, 6,881 lots were traded for gold. In the previous trade, gold had closed at Rs 51,626 per ten grams. That is, today people interested in buying gold have a great opportunity to buy cheap gold.
How much gold became cheaper than the all-time high rate
If you look at the price of 24 carat gold today, then gold is selling much cheaper than its all-time record price. 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 3,870.
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