New Delhi: Under the pressure of the international market, the prices of gold and silver in the domestic market are constantly falling. As the yield of US bonds is increasing, investment in gold is decreasing. This is why its prices are decreasing. Under international market pressure, the effect of price reduction is also seen here.
The possibility of growth in the economy is visible due to the efforts of the government in America. This may increase the price of gold in the coming days, because investors can increase investment in it for hedging inflation. However, on Thursday, the price of gold in MCX fell by 0.16%, ie Rs 74, to Rs 46,448 per ten grams, while silver futures rose by 0.65% i.e. by Rs 452 to Rs 69,995 per kg.
In its last session, gold fell by 1% and silver fell by 0.33%. In August, gold had gone up to Rs 56,200 per ten grams. After that it had fallen to 9000 rupees. Gold is continuously falling in the international market. On Thursday, gold spot in the global market fell 0.3% to $ 1820.73 an ounce. MCX Gold shows support at Rs 46,220 and registrations at 48,060. Gold ETFs in India showed an increase in January.
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