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Gold Price Drops 1,300 Rupees per Tola – myRepublica Update

Luke Meyer by Luke Meyer
December 10, 2023
in News
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Gold Price Drops 1,300 Rupees per Tola – myRepublica Update

The price of gold in the domestic market saw a significant decrease on Sunday, with fine gold being sold at Rs 117,500 per tola and standard gold at Rs 116,950 per tola. This marks a decrease of Rs 1,300 per tola for both types of gold compared to the prices on Friday. In addition, the price of silver has also dropped by Rs 35 per tola to reach Rs 1,425 per tola today.

This decrease in the price of gold and silver may be attributed to various factors such as changes in the global market, fluctuations in the exchange rate, and shifts in demand and supply. Investors and consumers alike will need to closely monitor these changes and consider how they may impact their investment decisions and purchasing power. It is also important for individuals to stay informed about the latest trends and developments in the precious metals market in order to make informed financial decisions.

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Luke Meyer

Luke Meyer

Luke Meyer stands as a distinguished expert in gold investing, committed to delivering top-tier information on gold prices to investors. With a rich background in the financial sector, Luke possesses a profound grasp of the gold market dynamics. His expertise isn't limited to market analysis; it also encompasses understanding economic trends and their influence on gold prices. At GoldPrices.org, he aims to offer precise and current insights, guiding investors to make informed choices. Luke's clear, engaging writing and rigorous research make him an authoritative source for anyone keen on understanding gold investing.

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