Gold Price Drops Heavily, Best Time To Buy Now | Check Rates

 

Gold Price Today, 25th January 2021: February gold futures on Monday fell by 0.02 per cent or Rs 10 to Rs 49,320 per 10 grams on MCX despite positive cues on the global front. The price of yellow metal in Delhi was recorded at Rs 48,080 per 10 grams for 22-karat gold. Meanwhile, silver prices rose slightly by 0.4 per cent at Rs 66,848 per kg.

 

Read Also : Gold Prices Today Fall Sharply, Silver Rates Slump | Check New Rates Here

 

Gold rates have slipped for the third day in a row. It is down about Rs 7,000 from the record rates in August. In the previous session, gold price fell by 0.5 per cent, while silver rates dropped 0.9 per cent.

 

Read Also: Gold Prices Today Surge, Silver Rates Jump, Check New Rates Here

 

As per the Good Returns website, gold price in Chennai today is Rs 46,530 per 10 grams, while the rates stand at Rs 48,320 in Mumbai. In Kolkata gold is being sold at Rs 48,650 per 10 grams.

Check gold price in your city:

City                  Gold Price Today

Chennai             ₹46,530
Mumbai             ₹48,320
Delhi b               ₹48,080
Kolkata               ₹48,650
Bangalore          ₹45,930
Hyderabad        ₹45,930
Kerala                ₹45,930
Pune                  ₹48,320
Vadodara          ₹49,430
Ahmedabad     ₹49,430
Lucknow           ₹48,080
Jaipur                ₹48,080

 

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Notably, gold prices edged higher in the international markets on hopes of a massive economic stimulus in the US in view of Biden’s win. As a result, analysts have said that the fiscal measures will continue to support the yellow metal prices. (Agency)