New Delhi. The price of gold and silver has been falling continuously for two consecutive days. The special thing is that after two days, the corona virus lockdown will be completed for one year. Last year, in March 2020, the price of gold and silver hit a one-year low. After which, the price of gold and silver had seen a rise. At present, the fall in gold and silver is seen due to the all-time low of the Brazilian currency and the rise in the dollar. Due to which silver has gone down to Rs 66 thousand per kg during trading level today. At the same time, gold is running below 45000. Let us also tell you how much rupee gold and silver prices have come.
Gold and silver price in futures market
Gold on the Indian futures market Multi Commodity Index is trading at Rs 44,819 per ten grams, falling by Rs 86 per ten grams at 2.15 pm. Whereas today gold is trading at Rs 44,786 per ten grams. Talking about silver, it is trading at Rs 66057 per kg, falling by Rs 257 at the same time. During the trading session, silver had gone up to Rs 65931 per kg.
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How cheap is gold in two days
There has been a big fall in the price of gold and silver in the last two days. Firstly, if you talk about gold, then it has become cheaper than 200 rupees. While the price of silver has seen a decline of around 1500 rupees per kilogram. According to experts, the price of gold and silver may fall further in the coming days.
What do you know
Ajay Kedia, director of Kedia Advisory, says that the real reason for the fall in the price of gold and silver is the rise in the dollar index. In fact, due to the Brazilian currency moving to an all-time low, the dollar is gaining momentum. Because of which, there is a pressure in the price of gold and silver. This can be seen in the coming days.