What’s inside:
This article shares recent changes in gold prices and what it means for buyers in India.
Good news for gold buyers! In the last two days, gold prices have dropped significantly. This decline is happening due to several factors, including a US trade agreement and tariff cuts by China.
Despite the price drop in India, gold prices are still expected to rise on the international market. Currently, the spot gold rate is more than $4000 per ounce.
As of today, in Delhi, the price of 24-carat gold is Rs 12,217 per gram, which is Rs 55 cheaper than yesterday. The price for 22-carat gold is Rs 11,203 per gram, down by Rs 47, and 18-carat gold is priced at Rs 9,167 per gram, which is Rs 41 cheaper than the previous day.
Here are some key points to note:
– 24-carat gold is cheaper in all major cities of India.
– Prices for 22-carat and 18-carat gold have also fallen.
– This drop makes gold more affordable for both investors and buyers.
Looking ahead, it will be important to watch how gold prices behave in the coming days. Prices may continue to fluctuate based on international market trends and other economic factors.
Summary:
- Gold prices have dropped significantly in India.
- Factors for the drop include US trade agreements and tariff cuts by China.
- 24-carat gold in Delhi is priced at Rs 12,217 per gram.
- Gold has become more affordable for investors and buyers.
- Future price trends will depend on international market conditions.
