Gold prices plungs, silver also falls
Gold prices plungs, silver also falls

On the last day of the trading week, gold rates have come down again today. For the past two days, the rate of gold has been declining. At the same time, after the rupee fell in the domestic stock market today, it rose 33 paise to close at 73.14 (provisional) against the US dollar on Friday. In the global market, gold has been at US $ 1,935 an ounce and silver at $ 26.71 an ounce. Gold had closed at Rs 51,826 per ten grams in the previous trade. Today silver has been reduced by Rs 738 to Rs 68,371 per kg as compared to Rs 69,109 per kg in the previous trade.

On Friday, the price of gold in the national capital was reduced by Rs 56 to Rs 51,770 per ten grams. Gold rate has come down due to strengthening rupee. The silver rate has come down by Rs 738 per kg today. In December, the rate of contract gold was up by Rs 72, or 0.14 per cent, at Rs 51,065 per ten grams.

Due to this, in the last session, the closing rate of gold contracted in December was Rs 50,993 per 10 grams. If we talk about the futures market, the process of fall in the price of gold has stopped on Friday. On the Multi Commodity Exchange, gold was trading at Rs 50,828 per 10 grams at 11:42 am in the morning with an increase of 0.17 percent.

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