Business News Desk – Gold has become cheaper on the third day of December. Despite the wedding season in the country, the price of gold has fallen for the third consecutive day. The continuous fall in gold prices is good news for gold buyers. Today i.e. on 3rd December, the price of 10 grams of gold has fallen by Rs 500. If you are also planning to buy gold jewellery, then know what is the rate of 24 and 22 carat gold.
Rate of 10 gram gold on Tuesday, December 3
On Tuesday, December 3, 2024, the price of 24 and 22 carat gold has fallen by Rs 650. The price of 22 carat gold has come close to Rs 70,900. The price of 10 grams of 24 carat gold is trading around Rs 77,350. Know here what was the price of gold today in big cities of the country like Delhi, Mumbai, Patna, Jaipur, Lucknow.
Price of one kilogram silver on December 3, 2024
The price of one kilogram of silver in the country has come down to Rs 91,000. The price of silver has fallen by Rs 500. Yesterday the price of silver was Rs 91,500. In the last one week, the price of silver has improved by Rs 2,000.
Why are the prices of gold and silver falling?
The price of gold has fallen for the third consecutive day. Most experts believe that the main reason for the fall in gold prices is the improvement in the dollar and the rise in US bond yields. The strengthening of the dollar and rise in bond yields negatively affected the demand for gold. Apart from this, after the ceasefire agreement between Israel and Lebanon, the demand for gold as a safe investment option also decreased. Ongoing concerns over inflation and uncertainty over interest rate cuts have also affected gold prices.
