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Recent Gold Price: Exciting News! Significant decrease in the cost of gold and silver after a record increase; see the most recent price for 10 grams

 Recent Gold Price: Exciting News! Significant decrease in the cost of gold and silver after a record increase; see the most recent price for 10 grams


Current Gold-Silver Price: The price of gold is steadily declining. Approximately Rs 60,500 is the price of gold on the MCX (MCX Gold Price).


Today, November 7, Gold-Silver Price: Prior to Dhanteras and Diwali, there has been a significant decline in the price of gold (Diwali 2023). The price of gold is steadily declining. Approximately Rs 60,500 is the price of gold on the MCX (MCX Gold Price). Gold has begun to decline once again after hitting a record high amid the continuous ups and downs experienced by the global economy. Let's see how much ten grams of gold costs.


MCX's gold-silver price


On the Multi Commodity Exchange, the price of gold has decreased. At Rs 60512 for 10 grams, the price of gold has decreased by 0.42 percent today. Aside from this, the price of silver has decreased to Rs 71476 per kg, a 0.89 percent decrease.


Silver and gold fell on the international market.


In reference to the global market, the price of gold is falling. The softening continues here as well. Today, the price of gold has decreased by around $10. An ounce of gold now costs $1980. In addition, the price of silver has dropped to $23 per ounce.


22 carat gold's cost


In Delhi, ten kilos of 22 carat gold cost Rs 56,490. Aside from this, the cost of ten grams of gold is Rs 56,340 in Bangalore, Rs 56,990 in Chennai, Rs 56,340 in Kolkata, and Rs 56,340 in Mumbai.


Awaiting Powell's verdict


At this moment, market participants are awaiting the Federal Reserve's conclusion. Powell will make his announcement about Fed policy on Wednesday and Thursday. The current target interest rates set by the central bank are an attempt to return inflation to the Fed's 2 percent objective, according to remarks made by Fed Governor Lisa Cook.


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