Custom seized gold worth two crores
If you are planning to buy gold then now is a good time. There is a reason for this too. Gold has become cheaper by Rs 2000 in the country’s futures market in the last two weeks. Due to which the price of gold appeared below 60 thousand rupees. On the other hand, Silver has also crashed a lot in two weeks. During this, a decline of more than 8 percent has been seen in its price. Apart from this, gold is continuously getting cheaper in the bullion market of Delhi. For the second consecutive day, a fall of around Rs 500 has been seen. Let us also tell you how cheap precious metals have become in the country.
gold became cheaper on mcx
Gold is continuously getting cheaper on the Multi Commodity Exchange. From the high of May 4, gold has come down to Rs 2,000 today. If you look at the figures, at present it is trading at Rs 59,841 with a fall of Rs 304. Gold also reached Rs 59813 during the trading session. While on May 4, gold prices reached a high of Rs 61,845. This means that the price of gold has become cheaper by Rs 2000 in two weeks. According to the experts, there can be a further decline in it in the coming days. Gold this figure can go up to Rs 59,500.
Silver declined by about Rs 6,400
On the other hand, a huge decline has also been seen in the silver rate. Silver has fallen by more than 8 percent in two weeks. At present, the price of silver has fallen by Rs 409, due to which the price has come down to Rs 72,249. During the trading session, silver fell to a lower level of Rs 71,911. By the way, on May 5, the price of silver had come down to Rs 78,292. Since then, silver has become cheaper by about Rs 6,400. If experts are to be believed then the price of silver can come to the level of 70 thousand.
Gold silver became cheaper in the capital Delhi
Talking about the country’s capital Delhi, there has been a big drop in the prices of gold and silver in the bullion market here. Gold has broken up to Rs 480 in the capital Delhi. After which the price has come down to Rs 60,070. Gold had closed at Rs 60,550 a day ago. On the other hand, the price of silver has also decreased by Rs 530 to Rs 72,750.