Gold Silver Price: Gold has fallen by around Rs 3500 in the last month and a half. Silver has also reached the level of Rs 68,000. A break of more than Rs 9000 is being seen in this.
Gold Price 23rd June: If you too are planning to buy gold or silver jewelery in the recent past, then this news will make you happy. For the last six days, a continuous decline is being recorded in the rate of gold and silver. Today again there has been a fall of about 300 rupees in gold. Not only this, a fall of Rs 9000 per kg is being seen in silver in the last one and a half month itself. In the beginning of May, gold had reached above Rs 61,000. Similarly, silver had also crossed 77,000. But now a decline is being seen in both the precious metals.
Softening in the rate of gold and silver
On Friday, the last trading day of the week, sluggishness is being seen in both the Multi Commodity Exchange (MCX) and the bullion market. Gold has fallen by around Rs.3500 in the last one and a half months only. Silver has also reached the level of Rs 68,000. A break of more than Rs 9000 is being seen in this. Gold and silver, which were growing rapidly in the past, are now coming down rapidly.
Gold and silver broke again on MCX
On Friday, there was a decline in the rate of gold and silver on the Multi-Commodity Exchange (MCX). On MCX, on Friday, gold fell by Rs 63 to Rs 58123 per 10 grams and silver declined by Rs 313 to trade at Rs 67995 per kg. Earlier on Thursday, gold had closed at Rs 58196 and silver at Rs 68308 per kg on MCX.
Bullion market continues to decline
A decline is being seen in the rate of bullion market on Friday as well. According to the official website https://ibjarates.com for the rate of bullion, 24-carat gold fell by about Rs.300 to Rs.58,380 per 10 grams and 999-inch silver came down by about Rs.800 to Rs.68,194 per kg. Apart from the rates published on the website, GST and making charges also have to be paid. Earlier on Thursday, silver had closed at Rs 69009 per kg and gold at Rs 58654 per 10 grams.
