New Delhi. If you want to buy gold cheap then you have a great chance. That is, if you are going to buy gold in this season of marriage or you are planning to invest in gold, then tell that this is the right time to buy gold. Gold prices have fallen continuously for the last few days. If we talk about the last one week, the price of gold in the Multi Commodity Exchange (MCX) has broken more than ₹ 2000 per 10 grams. In such a situation, this is your chance to buy cheap gold.
This fall won’t last long
According to commodity experts, gold will be expensive after July, so you will get huge returns in terms of investment, but buying will cost you dearly. Experts say that the fall in the price of the precious metal is temporary and gold investors should buy this fall. should be seen as an opportunity. According to bullion experts, the price of gold will reverse soon and will reach ₹48,500 per 10 grams in a month after the trend reversal.
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The price of gold has reached its lowest level in a month. On the other hand, silver has registered a rise. Amidst the fall in the prices in the markets around the world, the prices of gold are being seen in the Indian markets. According to the Good Returns website, on Friday, the price of 10 grams of 22 carat gold came down from Rs 47,410 to Rs 47,350. On the other hand, if we talk about silver, then its rate has come down to Rs 70,300 per kg. Similarly, the price of 24 carat gold fell by Rs 60 per 10 grams to Rs 48,350 on Friday, which was Rs 48,410 in the previous trading session. Let us tell you that the rate of gold is still running cheaper by Rs 9,000 from the record high. Let us tell you that in August last year, the price of gold had gone above Rs 56,000 per 10 grams.
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Know what is the latest rate now?
According to the Good Returns website, the price of 22 carat gold in the capital Delhi is Rs 47,000 per 10 grams. Came to Rs 45,150 in Chennai. The rate of 10 grams of gold in Mumbai is Rs 47,350. 47,180 per 10 grams in Kolkata.