Gold Price Today, 21 Aug 2021: Gold nearly Rs 9,000 down from record highs, check prices in your city

For investors planning to buy gold, the ongoing dip could be a lucrative investment opportunity as experts suggest that gold price could reach north of Rs 50,000 in the coming days.

New Delhi: In the past few weeks, gold has been trading in the red zone. On Multi Commodity Exchange, the gold contracts for the October delivery closed at Rs 47,174 with a marginal gain of 0.1% on Friday (August 20). Keeping the closing gold price in mind, we can safely say that the yellow metal rates have dipped by more than Rs 4,000 in 2021.  However, for investors planning to buy gold, the ongoing dip could be a lucrative investment opportunity as experts suggest that the price could reach north of Rs 50,000 in the coming days.  As far as the gold price in metro cities is concerned, the 24-carat gold rate is currently selling for Rs 47,400 per 10 grams while the 22-carat gold is retailing at Rs 46,400 per 10 grams on Saturday (August 21) in Delhi.