Gold prices fell from Rs 600 to Rs 450

Gold prices fell from Rs 600 to Rs 450

Gold prices fell from Rs 600 to Rs 450


New Delhi: Gold prices have fallen from Rs 600 to Rs 30,950 per 10 grams in three weeks in the bullion market on the reduced levy at Delhi Sarafa Bazar by low global indices. Demand from local jewelers has put pressure on precious metal prices due to lower demand. The money also rose from less than 39,000 rupees to 38,900 rupees per kg, due to the loss of 450 rupees per kilogram due to the demand for industrial units and coin manufacturers on the model of the gold. Traders have said that the strength of the dollar has strongly influenced sentiment, with the possibility of a rise in interest rates in the United States.

This reduces the charm of gold as a safe option for investment. In Singapore, gold lost 0.61% to $ 1,310.10 an ounce and silver, 0.37%, to $ 16.28 an ounce.

In the national capital, gold fell 99.9% and 99.5% purity to Rs. 30,950 and Rs. 30,800 per ten grams, with a sharp fall of Rs 600-600. Previously, on January 18, gold was 99.9% correct at 30.950 rupees per ten grams. Sovereign, however, remained steady at Rs 24,800 per 8-gram coin Silver coins, like gold, also declined from 450 to 38,900 rupees per kilogram. Weekly delivery dropped from Rs 820 to Rs 37,735 per kilogram. On the other hand, silver coins continued to remain at the last level of Rs 74,000 and Rs 75,000 per sq.
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