Sunday, April 18, 2021

Falling gold prices

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Rs 47,000

New Delhi: Gold prices are falling. On Tuesday, the price of 10 grams of pacdi fell by Rs 700 to Rs 47,000 mark. Silver also followed the same path. In the bullion market, silver fell by Rs 500 to Rs 69,500 per kg. In Hyderabad, the price of 10 grams of pacdi is at Rs 47,050. Gold prices have been volatile over the past few days with domestic and international developments. For the second day in a row, the rupee fell. In Mumbai, ten grams fell by Rs 467 to Rs 45,509. In Delhi, the 22-carat pound fell by Rs 360 to Rs 45,200. According to bullion market sources, the strengthening of the rupee against the dollar and the fall in gold prices in the international market have pushed up precious metals prices.

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