Decline in gold and silver prices: Today, on August 28, gold and silver prices have seen a decline, which is good news for those wishing to buy gold and silver. In this article, we will tell you what are the rates of gold and silver in your city today and why this decline has come.
Latest gold and silver rates
Decline in gold prices
Today, gold prices have fallen to Rs 71,859 per 10 grams on the Multi Commodity Exchange (MCX). This price was recorded around 1:50 pm. Earlier, gold opened at Rs 71,980 per 10 grams, showing a decline of 263 points i.e. 0.36%.
The decline in silver prices
The price of silver has also declined. Today the price of silver has gone up to Rs 84,490 per kg, which is a decrease of Rs 1,168 i.e. 1.36%. Silver initially opened at Rs 85,373 per kg.
Gold price in Delhi
The price of 22-carat gold in Delhi is Rs 68,150 per 10 grams, while the price of 24-carat gold is stable at Rs 71,560 per 10 grams.
Gold prices fall in the international market
International gold prices: Gold prices have also declined in the international market. Gold prices have come down due to the strength of the US dollar and the possibility of an upcoming US inflation report. The price of spot gold has come down to $ 2,514.11 per ounce, showing a decline of 0.4%. The price of US gold futures has also come down to $ 2,549.00 per ounce, which is a decline of 0.2%.
The right time to invest
The fall in the prices of gold and silver at this time can be a good opportunity if you are planning to buy or invest in them. Taking advantage of this shortage of gold and silver, you can buy them at a cheaper price.
So if you are thinking of buying gold or silver, then do not miss today and buy at better prices.