Gold Price Today Down: There is great news for those who buy gold and silver. If you are also planning to buy cheap gold, then today you have a good chance. Let's check how you can buy jewelry cheaply.
There has been a big fall in the prices of both gold and silver in the Delhi bullion market today. On Tuesday, the price of gold closed at the level of Rs 56,200 per 10 grams. Apart from this, the price of silver has also closed by reaching close to Rs 68,700 per kg. HDFC Securities has given information about this.
How cheap did gold and silver become?
In the bullion market of the national capital, the price of gold fell by Rs 105 to Rs 56,160 per 10 grams on Tuesday. At the same time, in the last trading session, gold had closed at Rs 56,265 per 10 grams. Apart from this, the price of silver has dropped by Rs 833 to Rs 68,725 per kg today.
Prices at the record for 8 months
An expert at HDFC Securities has said that after reaching an 8-month record high on Monday, gold prices remained unchanged on Comex on Tuesday due to the fall in the US dollar. Along with this, gold was trading at $ 1,872 an ounce in foreign markets with an unchanged trend. Silver declined to $23.47 an ounce.
Know what is the opinion of the expert?
Navneet Damani, Senior Vice President, of Commodity Research, at Motilal Oswal Financial Services, has said that gold prices are trading steadily after rising around seven-week highs.
Investors are mainly focussing on US Federal Reserve Chairman Jerome Powell's address which may indicate the central bank's interest rate hike stance.
