Gold Price Today : There has been a tremendous fall in the prices of gold and silver in the last four days. If someone who bought jewellery on 22nd July had bought it today, he would have saved a lot of money. The reason behind this fall in prices is the announcement of reducing the customs duty on gold and silver in the budget. In the budget presented on 23rd July, Finance Minister Nirmala Sitharaman had announced reducing the customs duty on gold and silver. She had announced to reduce it from 15% to 6%. Since then, the prices of gold and silver have fallen drastically.
Gold became cheaper by Rs 5,000
In the last four days, the price of gold has fallen by about Rs 5000 per 10 grams. On July 23, the price of gold fell by 5.79 percent i.e. Rs 4,208 per 10 grams. After this, on July 24, the price of gold recovered by 0.65 percent i.e. Rs 442. The next day on July 25, the price of gold fell by 2.16 percent i.e. Rs 1490 per 10 grams. Whereas, today on July 26, the price of gold has recovered by 0.37 percent i.e. Rs 248. In this way, in the last 4 days, the price of gold has fallen by 7.37 percent i.e. Rs 4,960 per 10 grams.
Big fall in silver too
Along with gold, domestic prices of silver have also seen a big decline in the last 4 days. On 23 July, the price of silver had fallen by 4.80% i.e. Rs 4284. On 24 July, there was a marginal decline of 0.03% i.e. Rs 25 in the price of silver. On 25 July, silver fell by 4.20% i.e. Rs 3563 per kilogram. After this, today on 26 July, a marginal increase of 0.05% i.e. Rs 39 has been observed in the price of silver. Thus, in the last 4 days, the price of silver has fallen by 8.98% i.e. Rs 7833.
Today’s price of gold and silver
On Friday evening, gold for delivery on August 5, 2024 was seen trading at Rs 67,844 per 10 grams on the MCX exchange. At the same time, gold for delivery on October 4, 2024 was seen trading at Rs 68,434 per 10 grams at this time. Talking about silver, silver for delivery on September 5, 2024 was seen trading at Rs 81,458 per kg today.
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