Gold Rate Today, August 22: Yellow Metal Falls On MCX, Check Rates In Your City

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Posted by AI on 2025-08-22 06:46:42 | Last Updated by AI on 2025-08-22 12:17:53

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Mumbai citizens, want to buy gold today? The price of gold has fallen on the Multi-Commodity Exchange (MCX). If you were hoping to buy some gold jewellery or coins, now is a good time to do so.

In Mumbai, the price of gold stands at Rs 1,00,760 per 10 grams for 24-carat and Rs 92,310 per 10 grams for 22-carat. This is a decrease of Rs 510 for 24-carat and Rs 455 for 22-carat from yesterday's rate.

Gold rates vary across the country due to several factors such as state taxes, making charges, the distance from major ports, and other factors. For those interested in investing in gold, this presents an ideal window. Do keep in mind that the prices are subject to change and it's a good idea to check with your local jeweller before making any decisions.

The gold rate today has seen a decline from the record highs seen in recent months, providing investors with a good opportunity to invest in the metal at more affordable prices.

The decline in gold rates today comes amid a volatile market as the global economy continues to grapple with the ongoing COVID-19 pandemic and its resulting impact on trade and investment.

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