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Gold Goes Down With 0.34% While Silver Falls By 0.42%

Today gold prices have seen a decline of 0.34 per cent after which, the price of gold has come to the level of 50,014 per 10 grams

Photo Credit : Reuters

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In Navratri, there is a continuous decline in gold prices. On Thursday either, the fall in gold prices on MCX continues. Today gold prices are trading at the level of 50,000. 

Today gold prices have seen a decline of 0.34 per cent after which, the price of gold has come to the level of 50,014 per 10 grams. At the same time, in the last trading session, there was a jump of Rs 750 in gold prices. The fall in silver prices also dominates as on MCX, silver is trading at a level of Rs 56,260 per kg with a fall of 0.42 per cent.

Gold prices in the global market are up by 2 per cent today at USD 1,656.59 an ounce. Gold prices have seen a decline of 20 per cent since March. After the increased interest rates by the US Fed, there is not much attraction in gold. At the same time, if talked about silver prices, it has seen a decline of 0.4 per cent, after which the price of silver is at USD 18.82 an ounce. Gold has come under pressure in the last two weeks as the greenback has strengthened to record levels.


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gold prices silver prices