Gold Price Today, 29 Aug: Gold rate falls to Rs 46,710 in Delhi, check prices in your cities

The recovery in gold prices is sending signals that the yellow metal’s price could soon regain the Rs 50,000 mark in the coming times. 

New Delhi: The last week witnessed a slight increase in the prices of gold, following several weeks of a bearish trend over bullion exchanges. On Multi Commodity Exchange (MCX), Even on Friday (August 7), which was the last trading of the week, saw a slight rise of 0.68% or Rs 320 in the prices of October gold futures, which closed on Rs 47,557 per 10 grams.  The recovery in gold prices is sending signals that the yellow metal’s price could soon regain the Rs 50,000 mark in the coming times, offering an impressive opportunity for investors to put their money on the precious metal.  On Sunday (August 29), the 22-carat gold per 10 grams and the 24-carat gold per 10 grams were retailing at Rs 46,710 and 50,940, respectively, in Delhi.