Gold and Silver Prices Fall
Today there is a falling of gold and silver rates after the rates raised last week . On Monday of the week, the two metals fell significantly, and the Indian stock market was on the rise. Well as per the information from MCX (Multi Commodity Exchange), both the precious metals; gold and silver are down by over 1%.
Gold Prices on MCX
Today is a bad day for gold prices as they have dropped significantly. On Monday gold price was predicted to be at 76680 for 10 grams, a decrease of 936 or 1.21% from the previous trading session that was at 77616 for 10 grams. This drop came on the heels of a week of increasing price in gold.
Silver Prices Drop as Well
Silver has also gone down their prices a notch as well. Currently, it is priced at ₹89,520 per kilogram after a depreciation of ₹1,248 or 1.37% from last price of ₹90,768 per kilogram.
As trading session today, both the gold and silver price have declined. These rapid drops have startled many investors and observers and are worth our attention as vital news in the precious metals sector.
