
News Topical, Digital Desk : Gold-Silver Price Today: Gold prices fell sharply today on the occasion of Dussehra. This has halted the five-day rally, bringing significant relief to buyers. Gold prices in India had hovered near record levels for the past month, making it difficult for people to purchase during the festive season. After Navratri, gold prices are expected to rise again during Dhanteras and Diwali.
How much has the price of gold decreased?
Spot gold prices in the international market remained stable on Thursday after trading at an all-time high of $3,900 per ounce. Meanwhile, the US dollar index remained stable at 97.72, limiting any further rise in global gold prices. On Thursday, October 2, the price of 24-carat gold in India fell by Rs 550 per 10 grams to Rs 1,18,690. The price of 22-carat gold fell by Rs 500 to Rs 1,08,800 per 10 grams today. Meanwhile, the price of 18-carat gold fell by Rs 380 to Rs 89,020 per 10 grams.
Prices reduced so much in one stroke
Meanwhile, the price of 100 grams of 24-carat gold has now dropped by ₹5,500 to ₹11,86,900, and the price of 22-carat gold per 100 grams has now dropped by ₹5,000 to ₹10,88,000. In contrast to gold, silver prices in India today rose by ₹2,000 per kilogram to ₹1,53,000, and the price of 100 grams of silver rose to ₹15,300. MCX gold futures for December delivery are trading down 0.03% at ₹1,17,558 per 10 grams.
Silver futures for delivery on December 5 also fell marginally by 0.11% to trade at Rs 1,44,566 per kg. According to Reuters, "Spot gold held steady at $3,862.07 per ounce after touching an all-time high of $3,895.09 on Wednesday. US gold futures for December delivery fell 0.3% to $3,887.50. Spot silver fell 0.3% to $47.17 per ounce.
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