In the last one week, be it MCX or Delhi bullion market, a big drop has been seen in the price of gold and silver. Gold prices have fallen by more than 6.50 percent in both places. At the same time, silver prices have also seen a decline of more than 7 percent. The real reason for the reduction in gold and silver in MCX is the increase in tax on those trading in futures and options. On the other hand, the reason for the fall in gold and silver in Delhi bullion market is the reduction in import duty in the budget. This is the reason why a huge drop has been seen in the prices of both metals in the last one week. Experts say that this is the time to buy gold and silver. Let's see what is the price of gold and silver in MCX and Delhi bullion market?
If we talk about Delhi bullion market, then on Friday there was a slight increase of 50 rupees and the price has come down to Rs 70,700. The special thing is that in the last one week, gold has become cheaper by 6.54 percent i.e. Rs 4,950 in Delhi. On the last trading day of last week, gold was at Rs 75,650 per ten grams. If we talk about silver, then there has been a lot of decline in the last one week. By the way, on Friday, there has been an increase of 400 rupees in the price of silver in Delhi. Due to which it has come down to Rs 84,400. The special thing is that on the last trading day of last week, the price of silver in Delhi was seen at Rs 91,600. This means that silver in Delhi has become cheaper by 7.86 percent i.e. Rs 7,200 per kilogram during this period.
