New Delhi: If you are apprehensive about investing in gold, this news is for you. In fact, gold has become cheaper than its all-time high by about Rs 10,000. Gold appeared to be slightly stronger on Tuesday after suffering a steep fall on Monday. Gold rose 140 rupees, to 140 rupees per day today. Gold closed at Rs 45,949 per 10 grams on Monday, while gold opened at Rs 46,089 per 10 grams on Tuesday. After that gold went down sharply.
On the other hand, when it comes to the price of silver, it is also gaining momentum today. Silver closed at Rs 62,637 per kg on Monday, up 456 rupees to 63,093 rupees per kilo on Tuesday. On the other hand, stores reduced the size of their deals amid weak spot demand, bringing gold down by Rs 402 to Rs 46,238 per 10 grams in the local futures market on Monday.
Gold fell 402 rupees, or 0.86 percent, to 46,238 rupees per 10 grams for October delivery on the Multi Commodity Exchange (MCX). It traded for 13,655 lots. Gold fell 317 rupees, to 45,391 rupees per 10 grams in Delhi.