Gold Price Today, 18 August 2021: Gold prices on a topsy-turvy track, down nearly Rs 9,000 from record highs

Gold contracts for the October delivery opened at Rs 47,374 per 10 gram as against its close of Rs 47,280. At 2.45 pm gold was trading down at Rs 47,262 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.

New Delhi: Gold prices are once again trading in a the red zone range today, although the rates of the yellow metal opened on a positive basis. Gold contracts for the October delivery opened at Rs 47,374 per 10 gram as against its close of Rs 47,280. At 2.45 pm gold was trading down at Rs 47,262 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 9,000 from record highs