Gold Rate 15 may 2025: Huge fall in gold, prices crashed, now 10 grams of gold became cheaper by Rs 7216
Gold Rate: Gold prices have fallen sharply once again. The prices which were constantly rising have crashed. The reason behind the fall in gold prices has also come to light. Gold has fallen by Rs 7216 per 10 grams in a short time.
Breaking News (Gold Rate) Gold prices have once again fallen sharply on Wednesday. Gold has fallen to the ground with a huge drop. The gold prices which were soaring high are suddenly counting down. This kind of fall has troubled the investors. At the same time, common consumers seem happy with the fall in gold prices.
Why did the price of gold fall?
The fall in gold prices is due to the turmoil at the international level. The ongoing trade war between the US and China and the tariffs imposed by Trump on other countries have now been put on hold. This has strengthened the markets.
Due to this, the investors who had withdrawn their money from the market and turned to gold have again reached the market. Due to this, they started selling gold and new investors are not coming to gold, due to which the gold price has fallen due to the low demand for gold. At the same time, the phase of profit booking by investors is also continuing.
Gold was at a historic high on 22 April
Talking about gold, on 22 April, gold touched a historic high at the national and international level. On 22 April, gold crossed Rs 1 lakh including GST in the Indian bullion market.
On this day, gold was very close to Rs 1 lakh on MCX as well. Here the price of gold was Rs 99,358 per 10 grams. Along with this, gold had also reached around $ 3400 per ounce in the international market.
The countdown to gold has begun again
After rising so much, the gold rate fell very fast. The countdown for gold started from here. The condition of gold is bad since 22nd April. Gold has fallen by about 7 to 8 percent. This is a big fall in gold after giving 30 percent return.
10 grams of gold became cheaper by Rs 7216
The price of gold is Rs 7216 cheaper than its all-time high on MCX. Gold was at its high of Rs 99,358 per 10 grams on 22 April. At the same time, the low point of gold was recorded at Rs 92022 on 14 May.
Gold Rate: The fall in gold prices is not stopping, within a few hours gold started falling to the ground
However, on May 14, gold also reached a high of Rs 93666.
At 11:02 pm, gold fell by Rs 1,390 or 1.48% to trade at Rs 92257. The opening price of gold on May 14 was Rs 93,143. On Tuesday, gold closed at Rs 93,647.