Today (November 12), there has been a huge drop in the prices of gold and silver. According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24 carat gold has fallen by Rs 1,519 to Rs 75,321, whereas earlier its price was Rs 76,840 per 10 grams.
Meanwhile, the price of silver has also fallen, which has fallen by Rs 2,554 to Rs 88,305 per kg. The previous price of silver was Rs 90,859. It is worth mentioning that on October 23, silver had reached a new record of Rs 99,151 and on October 30, gold had made a new record of Rs 79,681.
Gold price in 4 metro cities
Delhi: The price of 10 grams of 22 carat gold is Rs 71,000 and the price of 10 grams of 24 carat gold is Rs 77,440.
Mumbai: The price of 10 grams of 22 carat gold is Rs 70,850 and the price of 10 grams of 24 carat gold is Rs 77,290.
Kolkata: The price of 10 grams of 22 carat gold is Rs 70,850 and the price of 10 grams of 24 carat gold is Rs 77,290.
Chennai: The price of 10 grams of 22 carat gold is Rs 70,850 and the price of 10 grams of 24 carat gold is Rs 77,290.
Gold Rate on MCX
However, gold prices rose on MCX on Tuesday morning. International bullion prices also rose but remained near one-month low. Investors are waiting for US economic data and Federal Reserve comments to get a clear picture about future interest rates.
