Gold rate decrease today
Today Gold Rate : Gold prices have fallen drastically in the last week and it has become cheaper from MCX to the domestic market. The price of 24 carat gold has fallen by more than Rs 1500 per 10 grams on MCX.
Gold prices have fallen sharply in the last week and it has become cheaper from the Multi Commodity Exchange to the domestic market. On MCX, from the first trading day of last week, Monday, to the last trading day, Friday, the rate of 10 grams of 24 carat gold has fallen by more than Rs 1500. At the same time, in the domestic market too, the price of 24 Karat Gold Rate and other qualities of gold has fallen.
This is the rate of gold on MCX.
First of all, let’s talk about the gold rate on MCX. On the first trading day of last week, Monday, the rate of 10 grams of 24 carat gold with expiry on August 5 was Rs 99,328, which came down to Rs 97,806 per 10 grams by Friday. On July 25 alone, it fell sharply by Rs 920 per 10 grams. On the other hand, it has become cheaper by Rs 1522 in the five trading days of the week.
Gold became cheaper in the domestic market as well
Talking about the change in gold prices in the domestic market in a week (Gold Rate Weekly Change), according to the Indian Bullion Jewelers Association’s website IBJA.Com, on 21st July, 10 grams of 999 purity gold was priced at Rs 98,896, which came down to Rs 98,390 per 10 grams on last Friday. In this way, gold has become cheaper by Rs 506 per 10 grams in the domestic market. If we look at the gold rates of other qualities, then…
Quality Gold Rates (per 10 gm)
22 carat Rs.96,030/10 gram
20 carat Rs. 87,570/10 gm
18 carat Rs 79,690/10 gm
14 carat Rs 63,460/10 gm
The gold rates updated on the website of Indian Bullion Jewellers are the same across the country, but if you go to buy gold jewellery from a bullion shop, then 3 per cent GST and making charges have to be paid separately on it, which increases its price and the making charge can be different in every city.
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