Gold prices fell for two consecutive days, silver also became cheaper by Rs 2000, know what is the rate in Ahmedabad?

Gold Silver Price Today: A decline in the price of the precious metal has been seen in the global markets. At the local level, the shine of gold and silver has faded for two consecutive days. The reason behind this is the upcoming Fed minutes.

Gold worth Rs. 1000 cut

Gold has become cheaper in Ahmedabad for two consecutive days, in the last two days the price of gold was Rs 2.55. Was reduced by Rs 1000. 77500 per 10 grams. Hallmark gold also costs Rs. Decreased to Rs 980. ₹75950 per 10 grams. Silver in two days Rs. It has become cheaper by Rs 2000. Silver in two days Rs. Reduction from Rs 2000 to Rs 2000. 90000 per kg.

Silver surge on MCX

Gold and silver prices fell in the domestic retail market, while on the other hand, gold and silver prices rose on MCX amid huge fluctuations. MCX Gold (5 December Futures) Rs. It increased to Rs 69. ₹75230 per 10 grams. While MCX Silver is Rs. Increase to Rs 724. Closed at Rs 89453 per kg.

Globally, gold has been falling for six consecutive sessions. The reason behind this is that the possibility of cutting interest rates is less. Bullion investors are currently adopting a wait-and-see approach and keeping an eye on inflation data and minutes to be released by the Federal Reserve. Investors' attention has shifted from the precious metal on hopes that China's relief package announcement will boost equity markets.