New Delhi: The price of gold has also started declining amid the rise of 300 points in Sensex and strong rupee. On Monday, gold prices fell by Rs 126 to Rs 39,745 per ten grams on MCX. At the same time, the price of silver has also reached Rs 46,685 per kg with a weakness of Rs 226.

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According to media reports, the impact of the strength in gold prices abroad was also seen in the Delhi bullion market last week. During the week under review in the Delhi bullion market, gold prices strengthened by Rs 380. Gold reached a price of Rs 41,670 per ten grams. Sona Bitur was also seen trading at Rs 41,500 per ten gram on the weekend with an increase. Sovereign, with eight grams, rose by Rs 100 to Rs 31,000.

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This is the fifth consecutive week when the price of gold has increased in the local market. During these five weeks, gold has become expensive by Rs 2,570. Last week saw a huge fluctuation in the price of gold. On Wednesday, it had reached a high of Rs 42,300 per ten grams. However, gold fell by Rs 1,160 on the next day due to continued tension between the US and Iran.

This company will have quarterly results with RIL, HDFC Bank this week