Gold Price Today: If you are thinking of buying gold, then this is your golden opportunity that you can buy gold at a much lower price than the all-time high rate of gold.
New Delhi: If you are thinking of buying gold, then this is a golden opportunity for you to buy gold at a price much less than the all-time high rate of gold. For the last two days, there has been a slight increase in the price of gold, but if we compare today’s price of gold with its all-time high rate, then gold is still selling cheaper by Rs 7600 per ten grams.
Know what is the new price of gold today
On Tuesday, there was a slight increase in the price of gold in the bullion market. After increasing the price of 22 carat gold by Rs 350 per ten grams, now gold is being sold at Rs 47,750 per ten grams. Earlier on Monday also, an increase of Rs 100 per ten grams was recorded in the price of 22 carat gold.
Gold being sold cheaper by Rs 7,600 in the market
In the month of August 2020, gold had reached its all-time high rate. In August, 2020, gold had reached its all-time high rate of Rs 55,400 per ten grams. Today if we compare the current price of gold with its all-time high rate, then you will find that gold is currently selling cheaper by Rs 7,600 per ten grams.
Here’s the condition of gold on MCX
Gold futures on Tuesday rose by Rs 155 to Rs 51,810 per 10 grams in futures trade as speculators created fresh positions on strong spot demand. On the Multi Commodity Exchange, gold for April supply contract rose by Rs 155, or 0.3 per cent, to Rs 51,810 per 10 grams. It traded for 7,722 lots. Market analysts said fresh positions by participants led to the rise in gold futures. Globally, gold traded 0.34 per cent higher at USD 1,941.40 an ounce in New York.
