New Delhi: In the midst of the holy festival of Diwali, there has been a fall in the price of gold this week. The decrease in the price of gold before Dhanteras is good news for the customers. Because on the day of Dhanteras, people buy gold and gold jewelery on a large scale. In the Indian bullion market, this week gold prices have come down from the figure of 50 thousand rupees. On Friday, the last trading day of this week, gold prices closed at Rs 49,885. Except for 2 days this week, there was a downward trend in gold prices for the remaining three days.
Let us tell you that on the last day of last week, gold prices closed at Rs 50,763 per 10 grams. Gold prices fell on Monday, the first trading day of this week, and closed at Rs 50,315 per 10 grams. On Tuesday, there was a slight increase in it. On Wednesday, the price fell to 50,135. On Thursday, the prices climbed to 50,247. But on Friday, there was a big fall in the price of gold and it came to Rs 49,855 per 10 grams. According to IBJA Rates, compared to last week, there has been a decline in gold prices this week. On Friday, the last trading day of last week, gold prices had closed at Rs 50,763 per 10 grams. According to this, a fall of Rs 908 has been recorded in gold prices this week.
According to the Indian Bullion and Jewelers Association (IBJA), the price of 24-carat gold stood at a maximum of 50,062 on October 21. At the same time, last week the price of 24-carat gold was Rs 50,763. Accordingly, a fall of Rs 701 per 10 grams has been recorded in 24-carat gold prices this week. This week the price of 22-carat gold was Rs 49,862. Let us tell you that the price of all types of gold has been calculated without tax. GST charges on gold have to be paid separately and due to this, the prices of jewelery are high.
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