Gold Price Today, 01 October 2021: Gold prices sink to nearly 46,500, cheaper by Rs 9,800 from record highs

According to experts, gold prices may fall further in the coming days. The price of gold in the domestic market is close to the low level of 6 months.

New Delhi: Gold prices continue to witness downward trend as compared to its all time highs. On Friday, gold prices for December delivery at MCX opened at Rs 46,507 per 10 grams as against its previous close of Rs 46,521. 

Gold still cheaper by nearly Rs 9,800 from record highs

Last year, due to the Corona crisis, people had invested heavily in gold. In August 2020, the price of 10 grams of gold on MCX reached the highest level of Rs 56191. Last year, gold gave a return of 43%. At 14.50 hrs, gold prices for December delivery at MCX was trading at Rs 46,397 per 10 grams, which is still cheaper by Rs 9,794.