New Delhi: After the approval of the Stimulus package in the US, gold and silver prices softened in the international market due to the expectation of an improvement in the economy. It also affected the domestic market, as prices also fell here. On Wednesday, the MCX fell 0.25 percent to Rs 44,744 per ten grams. At the same time, the price of silver declined by 0.70 percent and reached Rs 67,011 per kg.

The price of a gold spot in Ahmedabad Sarafa Bazar was Rs 44451 per ten grams. At the same time, gold was sold at Rs 44763 per ten grams on Wednesday. The price of gold in Delhi rose to Rs 44,150 per 10 grams. Whereas the day before it was Rs 43,860 per 10 grams. Silver was trading at Rs 66,200 per kg. In the international market, gold is trading at one percent more. It was priced at $ 1716.51 per dollar on Monday. At the same time, the US Gold Future registered a decline of 0.2 percent and it sold at $ 1714.20. Gold and silver showed fluctuations before and after the relief package was approved in the US Parliament on Tuesday.

As far as the Indian market is concerned, experts believe that there will be a slight downward trend in gold prices here. However, it can get support at 44,300, resistance at 45000. Silver can see its ups and downs and it can get support near 66,200. Also, it can get resistance at 67,500.

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