Gold Rate Today 26 November: There was a huge decline in the price of gold today for the second consecutive day. Gold prices fell by Rs 1,250 in the bullion market of the capital Delhi on Tuesday due to the loss of shine amid the strengthening of the dollar in the global market. With today’s latest fall, the price of gold of 99.9 percent purity in Delhi reached Rs 78,150 per 10 grams. All India Bullion Association has given this latest information regarding the price of gold.
Big fall in the price of gold of 99.5 percent purity
Today is the second consecutive day when gold prices have seen a decline. Earlier, on Monday also, a fall of Rs 1000 was recorded in the price of gold of 99.9 percent purity. On Monday, the price of gold of 99.9 percent purity closed at Rs 79,400 per 10 grams in Delhi. Along with this, today there was a big fall of Rs 1250 in the price of gold of 99.5 percent purity, after which the price of gold of 99.5 percent purity in Delhi reached Rs 77,750 per 10 grams. Let us tell you that on Monday, the price of gold of 99.5 percent purity fell by Rs 1000 and closed at Rs 79,000 per 10 grams.
Expert told why the price of gold is falling
Experts said that newly elected US President Donald Trump’s threat to impose higher duties on imports from China, Mexico and Canada has attracted investors towards the American currency. While the easing of geopolitical tensions in West Asia reduced gold’s safe-haven appeal. Globally, Comex gold futures rose $13.40 an ounce, or 0.51 percent, at $2,656 an ounce.
