Gold prices fell down again this week, silver prices fell by Rs 250
Gold prices fell down again this week, silver prices fell by Rs 250
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Gold 's prices have witnessed a big change once again. On Friday, gold surged by Rs 350 to Rs 31,800 per ten grams in the Delhi Sarafa Bazar. Silver also slipped Rs 250 to Rs 39,750 per kg. In the last one year, domestic investors have withdrawn Rs 835 crore from Gold ETFs. It remained for the fifth consecutive year when the investors made a net withdrawal from Gold ETF.   

Gold prices fell more than 1 percent in the global market on last Thursday. That is why gold prices have dropped in the domestic market. On Thursday, there was a meeting between US President Donald Trump and his National Security Advisors on Syria issue.

Before Trump has threatened that the US can attack a missile on Syria after the alleged use of poisonous gas from Syria. After this, investors have turned to gold considered to be the safest investment destination. With this, the speed has changed in gold. Silver, like gold, climbed $ 0.07 to $ 16.52 an ounce in the international market. 

The new gold price has dropped in the local market after the continuous five-day rally. On Friday, 99.9 and 99.5 percent purity of gold in the national capital declined by Rs 350 to Rs 31,800 per ten grams.  Silver's new price also remained under pressure on silver. Silver price slipped up to Rs 250 to Rs 39,750 per kg. Silver futures fell by Rs 365 to Rs 38,645 per kilogram. Silver fall also showed the effect of silver coins. The coins and coins were weighed down by Rs 1000, respectively, 74 thousand and 75 thousand rupees per hundred respectively. 

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