North India Statesman
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If you were thinking of buying or investing gold this week, then there is a very good news for you. Gold prices have declined a major decline, which has returned to the buyers’ face. Sleeping in only one week 930 rupees per 10 grams Has become cheaper.
Why is gold becoming cheaper?
You must be wondering why the price of gold suddenly started falling? The biggest reason for this is the strong US dollar. When good figures come from America’s economy, the dollar becomes stronger. And when the dollar is powerful, the glow of gold often fades, as it becomes expensive for buyers from other countries, which reduces its demand.
Let’s know what is the price of gold in your city today (10 grams per 10 grams):
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Delhi:
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24 carat (pure gold): ₹ 72,100
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22 carat (gold gold): ₹ 66,100
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Mumbai:
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24 carat: ₹ 71,950
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22 carat: ₹ 65,950
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Kolkata:
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24 carat: ₹ 72,000
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22 carat: ₹ 66,000
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Chennai:
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24 carat: ₹ 72,600
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22 carat: ₹ 66,550
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What can happen next?
Market experts believe that in the coming days, gold prices can see fluctuations. Therefore, if you want to buy gold for marriage or for investment purpose, it can be a good time to monitor prices. This decline can prove to be a great opportunity for you.
