New Delhi, 13/3 (AO Bureau) : Gold prices (Gold Price Today) are continuously falling. So far, the price of gold has come down to a low of about 11 months. Gold touched an all-time high of 56,200 in August last year, but now gold has fallen 22 percent to Rs 12,400 per 10 grams. On the other hand, if we talk about this year, then in less than 3 months, its price has come down by Rs 6000.
In the last trading session in the Delhi bullion market, 24-carat gold had closed at Rs 44601 and 23 carats at Rs 44422. At the same time, silver opened at Rs 66480 with a strength of Rs 110 per kg. Experts say that due to the improvement in the global economic outlook, gold prices have come down.
Gold prices may fall further
Experts believe that the weakening of gold prices may not be for long. Weakness in the dollar, rising inflationary pressures, and monetary expansion have had a direct impact on the gold price.