Silver prices fall by Rs 3200 in two days
Gold Price Today: Gold prices have been recorded for the second consecutive day today. Due to weakness and profit booking in the global market, gold fell by Rs 400 to Rs 91,250 per 10 grams in the bullion market in the capital Delhi today. Whereas on Thursday, it closed at Rs 91,650 per 10 grams with a decline of Rs 300. That is, in the last two days, a total of Rs 700 has been recorded in the price of gold. Earlier, there was a tremendous jump in gold prices for 3 consecutive days on Monday, Tuesday and Wednesday.
Gold became expensive by 2500 rupees in 3 days
In the first 3 days of the week, gold prices have registered a total of Rs 2500 per 10 grams. Let us tell you that gold prices increased by Rs 1300 on Monday, Rs 500 on Tuesday and Rs 700 on Wednesday. On Friday, gold of 99.9 percent purity as well as 99.5 percent purity gold also closed at Rs 90,800 per 10 grams, which closed at Rs 91,200 per 10 grams on Thursday.
Why the price of gold has been falling for two days
Soumil Gandhi, Senior Commodity Analyst at HDFC Securities, said, “Gold prices have declined due to profits by traders and improvements in dollars.” Gold prices have been seeing a decline in gold prices for two days due to the US Federal Reserve chief Zerome Powell’s implementation of growth growth in the US and increasing inflation.
Silver prices fall by Rs 3200 in two days
Along with gold, there has been a decline in silver prices for the second consecutive day. On Friday, silver fell by Rs 1700 to close at Rs 1,00,300 per kg. On Thursday too, silver fell by Rs 1500 to close at Rs 1,02,000 per kg. Let us tell you that on Wednesday, the price of silver reached the lifetime high of Rs 1,03,500.
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