Gold Prices Fall Again Getting Cheaper By Rs 4,115

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Gold has become cheaper by Rs 48 on the Multi Commodity Exchange (MCX) today. With this fall, gold is trading at Rs 51,485 this morning. However, a slight increase of Rs 5 was recorded in the price of silver today. Currently silver is trading at Rs 66,300. In the second week of March, gold had reached Rs 55,600 per 10 grams. Accordingly, gold is getting cheaper by Rs 4,115 from the record high of one month.

Along with this, the fall in the price of gold is also visible in the global market. In the bullion market, where 22 carat gold fell and was seen trading at Rs 48,189. At the same time, the price of 24 carat gold opened at Rs 52,570. Apart from this, the average price of 20 carat gold was Rs 43,808. With this, the price of 18 carat has reached Rs 39,428 and the rate of 14 carat gold has come down to just Rs 30,666.

However, due to the Russia-Ukraine war in the global market, there is an environment of continuous decline. But in the meantime, the condition of the market is gradually improving.

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