Gold Price Today: Significant Drop on Akshaya Tritiya

Gold Price Today: Significant Drop on Akshaya Tritiya

 

Severe fluctuations have been witnessed this week on gold price dropping from 1 lakh to 89,750 22K per 10g

Sudden drop has brought interest among buyers who were affected by the all-time high record last week.

Major difference can be witnessed in gold rate than yesterday as good news to investors.

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Gold Price Today: After crossing Rs 1 lakh last week, the price of gold in India is now gradually reducing creating a positive environment to gold purchasers who were shocked by the all-time record the other week. Gold prices were skyrocketing amid the wedding season but on the occasion of Akshaya Tritiya, the gold price have further reduced.

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As per India Bullion and Jewellers Association Ltd. (IBJA), 24-carat gold (excluding GST) is priced at β‚Ή87,750 per 10 grams today, slightly down from β‚Ή89,750 on Wednesday. Silver has fallen from β‚Ή1,00,000 to β‚Ή β‚Ή98,000 per kg with a major difference of -2000

Today’s gold rates for different purities including GST are:

  • 995 purity (almost pure): β‚Ή95,730 per 10g
  • 916 purity (22-carat): β‚Ή87,750 per 10gΒ 
  • 750 purity (18-carat): β‚Ή71,800 per 10g

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