Gold Price: Gold prices have declined for the second consecutive day. Gold prices of 99.9 percent purity in the capital Delhi fell by Rs 1800 to Rs 95,050 per 10 grams in the capital Delhi on Thursday amid weak global demand. The All India Bullion Association gave this information about the latest gold prices. With this, gold with 99.5 percent purity also fell by Rs 1800 to Rs 94,600 per 10 grams. Gold prices were also recorded on Wednesday.
A decline was recorded at Rs 650 on Wednesday
On Wednesday, the price of gold with 99.9 percent purity fell by Rs 650 to Rs 96,850 per 10 grams. Apart from this, gold with 99.5 percent purity was closed at Rs 96,400 per 10 grams yesterday. Let us tell you that there is a tremendous fluctuations in gold prices this week. On Monday, a bumper decline of Rs 3400 was recorded in gold prices. However, the price of gold increased by Rs 950 on Tuesday as the purchase increased after the price fell. Gold prices fell by Rs 480 on Friday last week.
Silver price broken for fourth consecutive day
Chintan Mehta, CEO of Absan Financial Services, said, “Gold prices are declining due to investors moving away from secure houses.” The consent between the US and China to reduce the fee for 90 days has reduced the possibility of a large scale trade war. ”Silver prices continued to decline for the fourth consecutive day. On Thursday, the fresh silver price fell by Rs 1000 to Rs 97,000 per kg (including all taxes). Silver closed at Rs 98,000 per kg in the last market session. Globally, the spot gold fell 16.81 $ 161 or 0.53 percent to $ 3,160.71 an ounce.
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