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Gold and silver became cheaper, know how much decline


Gold and silver became cheaper, know how much decline 1

new Delhi. Gold and silver prices are seeing a decline in the domestic futures market. In fact, the trend in the equity market and the signs of a strong economy have shifted the trend of investors from safe havens to other sectors. Due to which gold has once again come down below 51 thousand in the futures market. While the price of silver has come down to 70 thousand rupees. According to experts, gold and silver may become cheaper in the coming days after the new updates of the corona vaccine.

Also read: Market buoyed despite political instability in America, 2 lakh crore rupees on investors

Gold and silver price fall
Today, the prices of gold and silver are seen in the futures market. Currently, gold is trading at Rs 50650 per ten grams, falling by Rs 254 per ten grams at 12.20 pm. While silver is trading down by Rs 417 per kg to Rs 69535 per kg, while gold opened at Rs 50755 today and closed at Rs 50904 per ten gram on Thursday. On the other hand, silver started at Rs 69694 today and ended at Rs 69962 per kg on Thursday.

Also read: Brakes on petrol, diesel inflation, crude oil continues to rise for the fourth day

Gold and silver prices fall in foreign markets
On the other hand, gold is trading at $ 1908.30 an ons on the US futures market Comex, falling by $ 5.30. Whereas in Europe it is trading at a decline of 4 euros to 1555.47 euros per ons. In the UK, gold is trading at 1405.62 pounds per ounce, down by 5.34 pounds per ounce. While in all three markets silver is trading at $ 27.10 per ons, 22 euros per ons and 19.88 pounds per ons respectively.


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