New Delhi. The price of gold also declined on Saturday. Recently, the price of 10 grams of 24 carat gold crossed 100000. The price of gold was Rs 95000 per 10 grams on Saturday. That is, it has fallen by Rs 5000 per 10 grams. Looking at the international market, gold was $ 3500 an ounce in April. It is currently $ 3140 an ounce. The price of tariffs and trade between the US and other countries and the demand for gold at the international level is expected to fall.
According to bullion market experts, the price of gold may fall further. He believes that the year 2024 and the way gold became expensive earlier this year, it may not be in the near future. A few days ago there was a discussion that gold would slip so much that the price of 10 grams can be 50000 rupees. However, according to all the market experts, the price of gold is not expected to decline such a big fall. To a large extent, 24 carat gold can reach around Rs 80000 per 10 grams.
Looking at the price of gold on Saturday 17 May, the price of 24 carat yellow metal in Delhi was Rs 95290 per 10 grams. Whereas, the price of 22 carat gold was Rs 87360. Talking about Mumbai, 24 carat gold was being sold here for Rs 95140 and 22 carat 87210 rupees. In Kolkata, 24 carat gold was priced at 9514 and 22 carats at 87210 on Saturday. At the same time, the price of gold in Chennai was as much as Mumbai and Kolkata. The price of gold was recorded around the rest of the country as well. Let me tell you that in the past, there was a big jump in the price of gold because all the countries including India and China bought a large amount of gold. Apart from this, the choice of investors also became gold due to turmoil in stock markets around the world.