Gold Price Today: Golden opportunity to buy gold, price fell sharply, know the latest rate
Gold Price: The fall in the prices of gold and silver continues. Yesterday i.e. on 3rd September, there was a slowdown in the prices of gold and silver. In such a situation, if you are also thinking of investing in gold or silver, then this time may be right for you. Let us know about the latest rate of gold.
Khabar TV (Bureau): There has been a sharp decline in the price of gold in India today. The festival season is about to start and in such a situation, if you are planning to buy gold and silver jewellery, then you can make huge savings by purchasing at this time. ( gold price today ) Let us know about today's latest rate.
Know the latest rates of gold
If you are planning to buy gold, then let us tell you that the rate of 24 carat gold in India is Rs 71,494 per 10 grams while the rate of 22 carat gold is Rs 65,489 per 10 grams. In the last one week, the rate of 24 carat gold has fallen by 0.16 percent and the price of gold has increased by 0.08 percent in the last ten days ( latest price of gold ). Silver is currently being sold at Rs 822.78 per 10 grams.
Rise in gold prices
Let us tell you that the US dollar has reached a two-week high and this strength in the dollar is negative for gold. Manufacturing data in the US has come out to be poor.
At the same time, many other macroeconomic data are about to come. These figures will indicate how much the US Central Bank will cut interest rates this month ( Kitna sasata hua sona ). That good news is needed to jump in gold prices. If the US economy looks weak in the US macro data coming this week, then gold prices can see a rise.
$2,700 an ounce
The international investment banking firm has advised investors to keep faith in this precious metal as gold prices are going to rise soon in the coming times. They have revised their gold price target to $2,700 per ounce by early 2025, raising the forecast .