Gold Rate Today 19th December 2024: There was a huge fall in the prices of gold on Thursday morning. This decline in gold has been seen after the US central bank Federal Reserve cut interest rates. The Federal Reserve announced a 0.25 percent cut in the key interest rate on Wednesday night. At the same time, the Fed estimates that there may be a cut of 0.25 percent twice in 2025. Earlier this estimate was of 0.25 percent cut four times. There was a huge fall in gold in the domestic futures market today. In early trade, gold for delivery on February 5, 2025 was seen trading at Rs 75,920 per 10 grams, down 0.96 per cent or Rs 733 on the MCX exchange. At the same time, silver for delivery on March 5, 2025 was seen trading at Rs 88,224 per kg, down by 2.39 percent or Rs 2156.
gold in domestic spot market
Gold prices closed with a decline in the domestic spot market on Wednesday. In the bullion market of the national capital Delhi, the price of 24 carat gold fell by Rs 200 to close at Rs 79,100 per 10 grams. At the same time, the price of gold of 99.5 percent purity fell by Rs 200 and closed at Rs 78,700 per 10 grams.
global price of gold
There has been a huge fall in global futures prices of gold. On the commodity market i.e. Comex, gold was seen trading at $ 2622.70 an ounce with a decline of 1.15 percent or $ 30.60. At the same time, global spot prices of gold were seen trading with an increase. Gold spot was seen trading at $ 2610.33 an ounce, up 0.97 percent or $ 24.98.
