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Gold Prices See a Fall For Second Day

Utkalika Mohanty
Browse all articles by Utkalika Mohanty
·2 years ago·2 min read
Gold Prices See a Fall For Second Day

Key Points

The price of 22-Karat sees a fall in last 24 hours as the 10 grams of the yellow metal was traded at around Rs 58,200 on Wednesday.

Cuttack, Nov 8: The price of 22-Karat sees a fall in last 24 hours as the 10 grams of the yellow metal was traded at around Rs 58,200 on Wednesday.

In Odisha, the price of yellow metal 22K (10 grams) traded at Rs 58,200 while the price of 20K (10 grams) stood at Rs 52,900.

Likewise, 18K gold (10 grams) stood at Rs 48,000. The price of 14K gold (10 grams) stood at Rs 37,800.

The price of silver metal is sees a fall. The price of LRS silver stood at Rs 72,800 per kg and the price of 9999 silver stood at Rs 72,800.

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It may be noted that the gold price can vary as per the MCX and dealer to dealer.

Gold is considered an important part of India's economy and social life due to its cultural significance, investment values, and its traditional role in weddings and festivals.

Notably, the gold and silver prices in India are influenced by a variety of factors, including global economic conditions, inflation rates, currency fluctuations, and local demand and supply dynamics.
 

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Gold Prices See a Fall For Second Day | Argus English