Good news for the common man, the price of gold and silver dropped after petrol diesel

Oct 05 2018 03:59 PM
Good news for the common man, the price of gold and silver dropped after petrol diesel

New Delhi: The price cut in petrol and diesel in the country has definitely given some relief to the common man. But now there is another good news for the netizenes who all set to have fun for festival season that is the price of gold silver also declined. On Friday, the gold price has dropped by Rs 112 per tonne, now the gold price is Rs 31305 per ten gram in the market. Similarly, silver prices also fell, silver prices declined by Rs 113 to Rs 38,858 per kg.

In fact, due to weakness in the global market, the bookies are engaged in profits, due to which there is a decrease in the prices of both the metals. Gold futures for the December contract on MCX fell by Rs 112, or 0.36% to Rs 31,305 per 10 grams. Similarly, for the February delivery, gold futures also fell by Rs 112, or 0.35% to Rs 31,533 per 10 grams.

Let us tell you that before this, in the Delhi bullion market on Thursday, the price of gold was increased by 70 rupees and its price had reached 31950 per annum, while the price of silver also increased to 39350 per kilogram. But at present, the common man has been relieved due to the collapse of prices, however, experts say that due to the festivals, gold silver prices may increase.

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