Today, with the opening of the market, there is a huge drop in gold prices. Gold had closed at the level of Rs 50,470 per 10 grams in the previous trading day, which opened at Rs 50,230 per 10 grams today.
This decline is still continuing and gold has fallen more than Rs 450. In early trade itself, gold also touched a minimum level of Rs 50,088. Gold has not been able to go above its opening price during initial trading.
At the same time, the price of silver is also seen in today’s business. Silver opened lower at Rs 60,737 per kg this morning, which closed at Rs 61,145 per kg last week.
Silver prices have seen a drop of more than Rs 600 in early trade. During the initial trade itself, silver touched the highest level of Rs 60,737 per kg and also touched a low of Rs 60,350 per kg.