This festive season has brought great news for gold buyers. Gold prices have fallen sharply from record highs. Gold has fallen by more than ₹2,600 from its record high on the Multi-Commodity Exchange (MCX). This decline has come in two days. Silver prices have also fallen by more than ₹4,000. Let us know the price of gold and silver in the bullion market and your stock market.
This morning in the multi-commodity market, the price of gold in the futures market of December 5 was ₹ 1,20023 per 10 grams. On October 8, gold had reached an all-time high of ₹1,23,677. As a result, gold prices have fallen by more than ₹2,600 in two days. Similarly, silver had touched its all-time high of ₹153,388 per kg on October 8. This morning the price of silver was trading at ₹149,115 per kg. As a result, the price of silver has fallen by more than ₹4,000.
Gold and silver prices rise today on MCX
Although gold and silver have remained below their record levels for the last two days, still the prices of gold and silver rose on MCX today. By 3:30 pm, gold for December 5 futures rose by ₹892 to ₹121,385 per 10 grams. Silver rose by ₹1,277 to ₹147,601 per kg.
Gold and silver prices in bullion market
According to IBJA.com, 24 carat gold reached ₹120,845 per 10 grams today. The price of 22 carat gold is ₹120,361 per 10 grams. The price of 20 carat gold today is ₹110,694 per 10 grams. The price of 18 carat gold is ₹90,634 per 10 grams. According to IBJA, today the price of gold has fallen by more than ₹ 2,000. Silver has increased by more than ₹8,000 to ₹162,143 per kg.
What is the price of gold in your city?
Today 24 carat gold in Delhi is ₹12,2440 per 10 grams.
24 karat gold price in Ahmedabad is ₹122,340 per 10 grams.
24 karat gold price in Chennai is ₹122,840 per 10 grams.
24 karat gold price in Patna is ₹122,340 per 10 grams.
Furthermore, the price of 24 karat gold in Lucknow is ₹122,440.