The glow of gold seems to be fading now. In the era of decline in the stock market, where the trust of the people remained on gold and its prices also saw a boom, it is now weakening. Gold prices have seen a decline for the third consecutive day in the local bullion market of Delhi. At the same time, the price of silver has also come down.
According to the All India Bullion Association, the price of gold declined for the third consecutive day on Monday. The price of gold fell by Rs 150 to Rs 88,750 per 10 grams in Delhi's bullion market amidst the weak trend of the global market. Earlier on Friday, the price of 24 carat gold closed at Rs 88,900 per 10 grams.
While 99.5 percent purity i.e. 22 carat gold fell by Rs 150 to Rs 88,350 per 10 grams on Monday. On Friday, in the last trading session, it was closed at Rs 88,500 per 10 grams.
Gold-silver prices in the last 3 days (PTI)
After gaining a boom in four business sessions, the price of silver also saw a decline of Rs 250 on Monday. Its price in Delhi Bullion Bazaar was reduced to Rs 99,250 per kg gram.
Comex Gold fell by 0.32 percent to $ 2,904.80 an ounce for April delivery in international markets. At the same time, the spot price also fell 0.13 percent to $ 2,905.31 an ounce. Similarly, the silver future price for May delivery was trading at $ 32.80 an ounce.
On Monday, silver prices fell by Rs 100 in the local bullion market of Indore. The price of tail was Rs 97,800 per kg. At the same time, the price of gold came to Rs 87,800 per 10 grams. Similarly, the price of gold 22 carat gold in Bengaluru was Rs 90,580 per 10 grams. While the price of silver reached Rs 1,02,300 per kg. In Mumbai too, the price of 22 carat gold came to Rs 85,588 per 10 grams. While the price of silver increased to Rs 96,634 per kg.
