Gold Price Today, 22 Aug 2021: Gold down by Rs 9,000 from all-time highs, check prices in Indian cities

The drop in gold prices offers a wonderful opportunity for investors of the yellow metal. 

New Delhi: Gold October contracts on the Multi Commodity Exchange (MCX) closed with a slight increase of 0.1% on Friday at Rs 47,174 per 10 grams. However, gold prices have been retracting in the past few weeks after nearly touching the Rs 50,000 mark. In just 2021, gold has been dropped by over Rs 4,000.  The drop in gold prices offers a wonderful opportunity for investors of the yellow metal, as experts suggest that gold prices could touch Rs 50,000 again in the next few weeks.  Gold prices in cities have also dropped in all the major cities across India. For instance, the 24-carat gold rate in Delhi is selling at Rs 47,210per 10 grams. Meanwhile, the 22-carat gold is retailing at Rs 46,210 per 10 grams in the national capital on Sunday (August 22). Also Read: Amazon Grand Gaming Days sale now live: Check top offers on laptops, television, gaming accessories