a look at the price of gold
If we look at the condition of the bullion market, today there has been a big fall in the spot price of gold. Gold is falling again and for 4 consecutive trading days, there has been a softening in the price of gold. On Wednesday, the price of gold fell to Rs 50764. According to the gold-silver rate released by the India Bullion and Jewelers Association, the price of gold today is like this.
24 carat to 14 carat gold price
The price of 24 carat gold is Rs 50764 per 10 grams.
The price of 23 carat gold is Rs 50561 per 10 grams.
The price of 22 carat gold is Rs 46500 per 10 grams.
The price of 18 carat gold is Rs 38073 per 10 grams.
The price of 14 carat gold is Rs 29697 per 10 grams.
global market condition
Due to the slowdown in the global market, there has been a softening in the price of gold in the bullion market today. Gold has been falling since morning. The futures price of gold fell by about 0.3 per cent this morning. If we talk about the last four days, then gold has become cheaper by Rs 500 in four days. Gold on MCX today reached Rs 50610 per 10 grams.
gold will fall now
According to market experts, the price of gold will continue to remain soft. According to experts, this decline is expected to continue for some time. In fact, due to the slowdown and inflationary pressure at the global level, the price of gold is getting reduced. At the same time, it is feared that if the Fed Reserve raises interest rates even further to control inflation, then the price of gold may come down further.