Gold prices have seen a big drop again. As of today, the rate of gold is ₹7,900 less per 10 grams than its all-time high. This sharp fall is important for many people, especially those who want to buy gold for weddings, festivals, gifts, or as a long-term investment. With prices coming down, buyers now have a chance to get more gold for the same amount of money. For investors and families planning big purchases, this could be the right time to make a move.
Gold price today in India
As of today, 22-carat gold is priced around ₹66,000 per 10 grams, while 24-carat gold is about ₹72,000 per 10 grams. Just a few weeks ago, gold was at an all-time high, crossing ₹74,000 per 10 grams. The drop in prices is good news for buyers.
Why is the gold price falling?
Gold prices change every day. Here are some reasons for the recent drop:
- Global gold rates have fallen due to changes in the US dollar and interest rates.
- Less demand for gold in the market, especially from big buyers like jewellers and banks.
- Profit booking by investors who had bought gold earlier at lower prices.
Gold prices are affected by global trends, currency value, and local demand.
Is this a good time to buy gold?
Many experts say this is a better time to buy gold than when it was at record highs. Since prices have come down, people can get more gold for the same money. Also, gold is still considered a safe and long-term investment.
Gold price trends in the last 30 days
| Date | 24-Carat Gold Price (10g) |
|---|---|
| Record High | ₹74,000 |
| Today | ₹72,000 |
| Difference | ₹7,900 ↓ |
The gold price has dropped by ₹7,900 in just a few weeks.
Also Read :
https://thefirstcritic.com/sensex-goes-up-countries-agree-on-trade-isro-plans-new-satellites/
FAQs
1. What is the gold price today in India?
Today, 24-carat gold is around ₹72,000 per 10 grams.
2. Why are gold prices going down?
Because of global market changes, lower demand, and profit booking.
3. Is it a good time to buy gold now?
Yes, prices have dropped, so it could be a smart time to invest.
4. Will gold prices fall more?
It depends on global trends and demand, so keep checking daily updates.
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