Gold Silver Rate: Heavy fall in gold and silver, silver became cheaper by Rs 13 thousand

gold Silver

There has been a huge fall in the prices of gold and silver. On MCX, gold has become cheaper by about Rs 25,00 per 10 grams and silver by about Rs 12,000 per kg. There has been a sharp decline in the prices of gold and silver in the futures market today. Till the time of writing the news, the price of silver on MCX fell by Rs 13667 per kg to Rs 277435 per kg at 11:04 am. On the other hand, the price of gold contracts expiring on June 5 fell by Rs 2858 per 10 grams to Rs 159120.

When the government decided to increase the import duty on gold and silver, gold and silver reacted differently. This means that there was a rise in the prices of gold and silver. At the time of trading on May 13, the price of gold had increased by almost Rs 11 thousand in a day. The price of silver had also crossed Rs 3 lakh. But on 14th the prices of silver and gold kept going up and down. But today i.e. on 15th May their sharp decline was seen. Both gold and silver collapsed severely.

gold silver

gold silver

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