News Cubic Studio

Truth and Reality

Heavy fall in the price of gold for the third consecutive day, gold became cheaper by Rs 1600

There is a continuous decline in the price of gold in the bullion market in the country. The price of gold has been falling in the market for the last three days.

Wedding season is going on in the country right now, so if you are thinking of buying gold, then this is a golden opportunity for you to buy gold at a very low price.

new gold price
According to the Goodreturns website, there was a huge fall in the price of gold on Tuesday. Before the market opened on Tuesday, the price of gold was Rs 46,990 per ten grams. After this, a fall in the price of gold was seen by Rs 1290 per ten grams.

After this, on Wednesday also, a fall of Rs 360 per ten grams was seen in the price of gold in the bullion market. After which the price of gold in the market reached Rs 46,630 per ten grams.

On Thursday also, a fall in the price of gold has been seen in the bullion market. On Thursday, the price of gold has declined by Rs 10 per ten grams. After this, gold is being sold in the bullion market at a rate of Rs 46,620 per ten grams.

Gold became cheaper by Rs 8,000 from the record price
In August last year, the price of gold had reached its all-time high rate of Rs 55,400 per ten grams in the bullion market.

If you compare the price of gold of August, 2020 with today’s price, then gold has become cheaper by more than Rs 8,000 per ten grams.