Gold Price Today, 16 August 2021: Gold continues to be cheaper, down nearly Rs 9,300 from record highs

Gold contracts for the October delivery opened at Rs 46,950 per 10 gram as against its clos of Rs 46,940. 

New Delhi: Gold prices are trading flat today, however the rates of the yellow metal is still cheaper by Rs 1100 as compared to the last two weeks. Gold contracts for the October delivery opened at Rs 46,950 per 10 gram as against its clos of Rs 46,940. At 12.52 pm gold was trading at Rs 46,918 per 10 gram. So far in the year, gold prices have crashed by more than Rs 4,000 thus making the yellow metal still a lucrative instrument for investment. Gold still cheaper by nearly Rs 9,300 from record highs