There has been a fall in the price of gold. On Wednesday, gold and silver (Gold-Silver Rate) are trading in red on MCX, which means that the price of gold and silver has come down. On the other hand, on August 14, i.e. today evening, 24 carat gold has become expensive in the Indian bullion market. Today, the price (Gold Rate) of 10 grams of 24 carat gold in the bullion market is Rs 70793, while yesterday i.e. on August 13 evening, the gold rate was Rs 70,444.
The price of 22 carat gold was Rs 70162 per 10 grams yesterday evening, which has increased to Rs 70510 per 10 grams today evening. Talking about silver, the price of silver in the bullion market has increased by Rs 219 compared to yesterday evening and has reached Rs 80921 per kg. At the same time, a big drop in the price of gold is being seen for October 4 futures on MCX. Let us know how much gold has become cheaper on MCX.
Gold and silver became so cheap today
The price of both gold and silver has fallen on MCX. The price of gold has fallen by Rs 492 per 10 grams today and has reached Rs 70207. Talking about silver, its price has fallen by Rs 475 for September 5 futures on MCX. The rate of one kg silver on MCX is Rs 80574 per kg.
The price decreased so much after the budget
There was a sharp fall in the price of gold and silver after the budget. After the decision on custom duty on gold in the budget, the price of gold and silver fell by up to Rs 4000. However, after that the rate of these metals increased. On the basis of calculation, gold has fallen by Rs 3012 per 10 grams after the budget. On the other hand, the price of silver has fallen by Rs 8629 per kg after the budget.
Gold and silver price in bullion market this morning
There was an increase in the prices of gold and silver in the Indian bullion market today, on the morning of August 14, 2024. Gold was now beyond Rs 70 thousand per 10 grams, while the price of silver was more than Rs 80 thousand per kg. At the national level, the price of 24 carat 10 grams of gold with 999 purity was Rs 70457. While the price of silver with 999 purity was Rs 80740.
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