Gold Price Today: There is a tremendous fall in the prices of gold, gold came to the lowest level of 2 months

Gold Price Today: There is a tremendous fall in the prices of gold, gold came to the lowest level of 2 months

Photo:India TV sharp fall in gold prices

Gold Price Today: growing in any country Inflation is weighed by the price of gold in that country. investor Gold Most reliable investment. Today the price of gold has gone down to the lowest level in the last two months. A huge fall of Rs 540 has been recorded in gold today, after which 24 Carat Gold The price has gone up to Rs 50,730. There itself Silver I am seeing a boom today. The price of 1Kg silver is still Rs 51,600.

How is gold in other cities?

According to Good Returns in Mumbai, which is called the financial capital of India, today the price of gold is Rs 50,730 per 10 grams. The same rate is also in Kolkata, Hyderabad, Bhubaneshwar and Visakhapatnam. The price of gold in Delhi is Rs 50,950 per 10 grams. Whereas gold is trading today at Rs 51,380 per 10 grams in Chennai. The price of one kg of silver in Mumbai and Delhi is Rs 51,600, which has remained unchanged for the last two days. The same is the case with Kolkata, Jaipur, Pune, Ahmedabad, Patna and Lucknow.

Heavy fall in the price of silver yesterday

Gold prices on Wednesday fell by Rs 270 to Rs 51,270 per 10 grams in the Indian market amid firmness in precious metals in global markets. According to Good Returns, gold had closed at Rs 51,540 per 10 grams in the previous trading session. However, yesterday silver looked very weak and recorded a fall of Rs 3200, after which the price of one kg of silver came down to Rs 50,800. After a continuous decline for five days, silver seems to be strengthening today.

Decline in jewelery exports in July

The country’s gems and jewelery exports declined marginally to Rs 24,913.99 crore in July as compared to the same month a year ago. The Gems and Jewelery Export Promotion Council (GJEPC) gave this information on Thursday. Gems and jewelery exports stood at Rs 25,157.64 crore in the same month a year ago. Colin Shah, Chairman, GJEPC said, “July and August remain cold for gems and jewelery exports. However, there has been a marginal decline in overall exports due to a jump in exports of plain gold jewellery.

According to GJEPC data, total gems and jewelery exports grew 10.99 per cent to Rs 1,03,931.14 crore during the first four months of the current financial year, April-July, as against Rs 93,640.44 crore in the corresponding period of the previous fiscal. Total exports of plain gold jewelery rose by 24.22 per cent to Rs 2,591.67 crore in July as against Rs 2,086.41 crore in the same month last year. According to the data, the export of polished and polished diamonds declined by 7.56 per cent to Rs 15,387.93 crore in July. It was Rs 16,646.69 crore in July, 2021.

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