1 day ago
Gold Extends Six-Day Slide, Falls Rs 11,000 Overall
Gold became cheaper for the sixth day in a row.
Its price fell by Rs 2,100 on Wednesday.
In New Delhi, 10 grams of 99.9% pure gold cost Rs 1,56,100.
The price had been Rs 1,58,200 on Tuesday.
Over six trading sessions, gold has lost Rs 11,000.
It was priced at Rs 1,67,100 on August 25.
The current price is close to the level seen on August 14.
The fall followed weakness in global markets.
Gold prices fell Rs 2,100 to Rs 1,56,100 per 10 grams in New Delhi on Wednesday.
The decline marked gold’s sixth consecutive losing session.
Gold has fallen Rs 11,000 over six trading sessions from Rs 1,67,100 on August 25.
The 99.9% purity metal closed at Rs 1,58,200 on Tuesday.
Prices tracked weakness in global markets and reached levels last seen around August 14.
- Who
- Gold prices, specifically 99.9% purity gold.
- What
- Gold prices fell Rs 2,100 to Rs 1,56,100 per 10 grams, extending their decline to six consecutive sessions.
- Where
- New Delhi, India’s national capital.
- When
- Wednesday; the six-session decline began after August 25, and the latest price was last seen around August 14.
- Why
- The decline tracked weakness in global markets.
Key facts
- Latest price
- Rs 1,56,100 per 10 grams
- Latest daily decline
- Rs 2,100
- Losing streak
- Six consecutive trading sessions
- Total six-session fall
- Rs 11,000
- Price on August 25
- Rs 1,67,100 per 10 grams
- Previous close
- Rs 1,58,200 per 10 grams on Tuesday
- Purity
- 99.9%









