Gold Rate Today: Gold falls, gold became cheaper today after 3 days rise

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Photo: Freepik Why the fall in gold prices today

Gold price today: The continuation of gold prices for 3 consecutive days finally came to an end today. Gold with 99.9 percent purity in the bullion market of Delhi on Friday rose by Rs 600 to Rs 99,020 per 10 grams due to fresh selling of stockists. Let us tell you that on Thursday, the price of gold with 99.9 percent purity increased by Rs 450 to Rs 99,620 per 10 grams. This week, gold prices were seen for 3 consecutive days on Tuesday, Wednesday and Thursday. In these 3 days, the price of gold was recorded by Rs 2150 per 10 grams.

What is the change in the price of silver today

On the last day of the week, the price of gold with 99.5 percent purity on Friday also fell by Rs 500 to Rs 98,500 per 10 grams. It closed at Rs 99,000 per 10 grams on Thursday. Along with gold, silver prices fell by Rs 1000 to Rs 1,04,800 per kg today. Whereas on Thursday, the price of silver increased by Rs 1000 to Rs 1,05,800 per kg.

After all, why the fall in gold prices today

Sumil Gandhi, Senior Analyst (Commodity) of HDFC Securities, said, “Gold prices declined on Friday as US dollars and bond yields increased after a better American massive economic figures than expected.” Strong major economic figures have reduced the expectation of the US Federal Reserve. This also affected the prices of gold negatively. ”Gold, spotted in international markets, increased marginally to $ 3,334.45 an ounce.

The ups and downs in the price of gold will continue

Chintan Mehta, CEO of Absan Financial Services, said, “Gold prices may be seen fluctuating before the upcoming US personal consumption expenditure (PCE) inflation report.”

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