Gold Prices Come Down

 India: Gold rates have not fluctuated much since about a month. There was a slight decrease or increase in the price of gold. Due to this the price of gold could not be 50 thousand. There was not much decrease or increase in the price of silver also. Due to this the rate of silver remained around Rs 63 to 64 thousand per kg.

Gold prices on Monday fell by Rs 86 to Rs 48,013 per 10 grams in futures trade as speculators reduced their positions amid weak demand. On the Multi Commodity Exchange, gold contracts for February traded lower by Rs 86, or 0.18 per cent, at Rs 48,013 per 10 grams, with a business turnover of 8,342 lots. At present, the price of 10 grams of 22 carat gold in Delhi and Mumbai is Rs 47,610 and Rs 47,160 respectively.

The yellow metal price in Chennai is Rs 47,600. At the same time, 10 grams of gold of 22 carat purity is being bought in Kolkata for Rs 47,160. In other cities like Hyderabad and Bengaluru, 22 carat gold is trading at Rs 45,460 for 10 grams.

Reviewer overview

İndia, Gold Prices Come Down - /10

Summary

 India: Gold rates have not fluctuated much since about a month. There was a slight decrease or increase in the price of gold. Due to this the price of gold could not be 50 thousand.

0 Bad!