Gold rate today November 26: Today there was a big drop in the price of gold for the second day in a row. Gold prices fell by Rs 1,250 in the bullion market in capital Delhi on Tuesday due to loss of luster amid strengthening dollar in the global market. With today’s latest drop, the price of gold with 99.9 per cent purity in Delhi reached Rs 78,150 per 10 grams. All India Bullion Association has provided this latest information on gold price.
Big drop in gold price with 99.5 percent purity
Today is the second day in a row that gold prices have fallen. Earlier, also on Monday, a drop of Rs 1,000 was recorded in the price of gold with 99.9 per cent purity. On Monday, the price of gold with 99.9 per cent purity closed at Rs 79,400 per 10 gram in Delhi. Apart from this, today there was a huge drop of Rs 1,250 in the price of gold with 99.5 percent purity, after which the price of gold with 99.5 percent purity in Delhi reached Rs 77,750 for 10 grams. Let us tell you that on Monday, the price of gold with 99.5 percent purity fell by Rs 1,000 and closed at Rs 79,000 per 10 grams.
Expert told why the price of gold is falling
Experts say newly elected US President Donald Trump’s threat to impose higher tariffs on imports from China, Mexico and Canada has attracted investors to the US currency. While the easing of geopolitical tensions in West Asia reduced gold’s appeal as a safe haven. Globally, Comex gold futures rose $13.40 an ounce, or 0.51 percent, to $2,656 an ounce.
Latest business news
