Gold is down by 0.15 per cent on Tuesday at Rs 46,001 per 10 grams while silver has also fallen 0.22 per cent.
If you are planning to buy gold or silver, then you have a good opportunity now. There is a sharp decline in the gold and silver prices on Tuesday. On the Multi Commodity Exchange (MCX), the price of October futures gold has seen a fall of 0.15 per cent. At the same time, silver prices are also trading 0.22 per cent lower.
Gold is down by 0.15 per cent on Tuesday at Rs 46,001 per 10 grams. At the same time, silver has also fallen 0.22 per cent. The price of 1 kg of silver is Rs 60,503.
In the year 2020, the price of 10 grams of gold on MCX had reached the highest level of Rs 56,200. That is, if you compare the record rate from today, gold is over Rs 10,000 cheaper than last year. Gold August futures are at the level of Rs 46,001 per 10 grams on MCX, that is, it is still getting cheaper by about Rs 10,200.
As per the website Goodreturns, here is the city-wise list of prices of 22-carat gold.
| Delhi |
Rs 45,350 |
| Mumbai |
Rs 45,040 |
| Kolkata |
Rs 45,600 |
| Chennai |
Rs 43,550 |
| Bangalore |
Rs 43,200 |
| Hyderabad |
Rs 43,200 |
| Ahmedabad |
Rs 44,380 |
| Coimbatore |
Rs 43,550 |
| Nagpur |
Rs 45,040 |
| Chandigarh |
Rs 44,000 |
| Surat |
Rs 44,380 |
| Bhubaneswar |
Rs 43,550 |
| Patna |
Rs 44,480 |
| Vijayawada |
Rs 43,200 |
| Madurai |
Rs 43,550 |
| Lucknow |
Rs 44,000 |
| Jaipur |
Rs 45,100 |
| Pune |
Rs 44,480 |
Notably, if you want to check the purity of gold, an app has been made by the government for this. With the 'BIS Care app', customers can check the purity of gold. Through this app, you can also make any complaint related to it.
According to experts, gold prices may fall further in the coming days. The price of gold in the domestic market is close to its lowest level in the last 6 months. In August last year, gold had set a record high of Rs 56,200 per 10 grams. Kotak Securities said that due to the trend in the US dollar and equity markets, there may be a change in the position of gold. Investors are assessing the monetary policy of the Fed and the economic situation in China.
You can easily find out these rates sitting at home. For this, you just have to give a missed call to this number 8955664433 and a message will arrive on your phone, in which you can check the latest rates.
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