Today, on December 19, 2024, a decline in the rate of gold has been seen. In fact, the US central bank Federal Reserve has cut the rates, after which the price of gold has decreased. At present i.e. today, gold per 10 grams is Rs 75920.
Now in such a situation, if you want to buy gold jewellery, then today can be a very good day for you. Let us tell you that the rate of gold has reduced by Rs 733. Right now nothing can be said about whether this decline will continue or end.
In today’s article, we will tell you what is the price of gold today i.e. on 19 December 2024. If you want to get complete information about this and you want to know what are the domestic and global prices of gold at this time, then read our complete article.
gold price today
Today, Thursday, December 19, the price of gold has fallen significantly. For your information, let us tell you that this has happened because the US Central Bank Federal Reserve has announced to cut interest rates. In such a situation, it has affected the price of gold.
Let us tell you that this announcement was made by the Federal Reserve on Wednesday night. In this way, it has been decided to cut interest rates by 0.25% on Wednesday. This reduction can be made twice by 0.25% in the coming year i.e. 2025.
However, earlier it was decided that this reduction of 0.25% would be done four times in the year 2025. Let us tell you that we are seeing its effect in the domestic futures market and gold has declined.
Gold rate today in the market
As we told you that the value of gold has decreased. For your information, let us tell you that if we talk about MCX exchange, there is a fall of Rs 733 in gold for delivery on February 5, 2025. In this way, on February 5, gold per 10 grams appeared at Rs 75920.
Whereas if we talk about 5th March of the year 2025, then we are also seeing a fall of Rs 2156 i.e. 2.39% in silver. In this way, after the price of silver has come down, it is seen trading at Rs 88224 per kg.
Gold rate in domestic spot market
If we look at the domestic spot market price of gold, then it has decreased on Wednesday 18th December. Let us tell you that the price of 24 carat gold in Delhi had fallen by Rs 200 on Wednesday and it closed at Rs 79100 per 10 grams. Whereas the price of gold which was of 99.5% purity reached Rs 78700 per 10 grams and fell by Rs 200.
global price of gold
The futures price of gold has decreased significantly. For information, let us tell you that the price of gold in the commodity market has fallen by Rs 13.60 i.e. 1.15%. With this fall, the price of gold has now reached Rs 2622.70 per ounce.
Here let us also tell you that there has been an increase in the global spot price of gold. Gold spot is seen trading at 2610.33, up by 24.98 i.e. 0.97%. In this way, it is now a little difficult to predict whether the price of gold will rise or fall in the coming time.
my name is Ashok NayakAnd I am an experienced writer in the field of education. For the last three years, I have been working to provide the latest information about government jobs and schemes to the general public. Currently, I am contributing on major platforms like Studytoper.in,
