Gold Price Today, 14 July 2021: Gold surges, but still cheaper by Rs 8300 from record levels

In August 2020, gold touched its highest level of Rs 56,191. However, gold is currently trading at around Rs 47856 per 10 grams. This means that gold is currently trading cheaper by Rs around Rs 8330 cheaper from record highs.

New Delhi: In the past week, gold prices have made a decent recovery. From around Rs 46,500 in early July, gold prices are now nearing the Rs 49,000 mark. On Wednesday (July 14), gold was trading at around Rs 47,972 per 10 grams on the Multi Commodity Exchange (MCX), expensive by Rs 83 than Friday’s closing rates.  However, when compared to record highs, the yellow metal is still trading cheaper by a few thousand rupees. This offers a wonderful opportunity for investors willing to put their money on the yellow metal.  Gold prices current week