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Gold prices down by about Rs 8000 from record level, silver prices fall drastically

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new Delhi. There has been a tremendous fall in the price of gold and silver. So far, both gold and silver may not have come up to the pre-covid level, but the gold has broken down to about Rs 8000 per ten grams from the record level. While the price of silver has seen a drop of more than Rs 20,500 per kg. At present, even though gold is trading with a slight decline, the price of silver has seen a drop of more than Rs 400 per kg. Let us also tell you how much the prices of gold and silver have been.

First thing to sleep
Today, gold fell by Rs 34 to 11.48 am and was trading at Rs 48,487 per ten grams.
– Today the gold price started with Rs 48,508.
During the trading session today, gold reached the day’s lowest level with Rs 48415 per ten grams.
– Gold reached a record level of Rs 56,379 per ten grams in the month of August.
Since then, gold has become cheaper by Rs 7964 per ten grams.

Also read: This step of the government made edible oil cheaper, know how much the prices were reduced

Heavy fall in silver prices
Today, silver was trading at Rs 59,438 per kg, falling by Rs 435 at 11.15 am.
Today, the price of silver started at Rs 59,507 per kg.
During the trading session today, silver reached the day’s lowest level of Rs. 59,180 per ten grams.
Silver reached a record level of Rs 79,723 per ten grams in the month of August.
Since then, silver has become cheaper by Rs 20,543 per ten grams.

Also read: These banks are the cheapest gold loan in the Corona era, will come in trouble

Gold and silver in foreign markets
At the same time, both gold and silver have become cheaper when it comes to the American market COMEX. First, the price of gold has fallen to $ 150 an ons. Presently, gold is trading at $ 1813 per ons with $ 1.80 per ons. On the other hand, there has been a decline of about $ 3 an ons. Currently, silver is trading at $ 23.15 an ons.

What do you know?
Ajay Kedia, director of Kedia Advisory, says that in the coming days, the phase of fluctuations between gold and silver will continue. The reason for this is the corona vaccine update. On the other hand, with the USA and Europe, the cases of corona virus are increasing in India. State governments have also been strict. In such a situation, both gold and silver will also get support.

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