Gold Silver Price: Along with the bullion market, a decline is also being seen on the Multi-Commodity Exchange (MCX). Recently, gold had fallen to the level of Rs 58,000 and silver to the level of Rs 68,000.
Gold Price 7th September: A continuous decline is being seen in the price of gold and silver. For the last few days, the rates of both the precious metals are fluctuating. On Thursday, along with the bullion market, a decline is also being seen on the Multi-Commodity Exchange (MCX). In the last days, gold fell to the level of Rs 58,000 and silver came to the level of Rs 68,000.
MCX showed a declining trend
During the trading session on Thursday, a fall in the rates of gold and silver was seen on the Multi-Commodity Exchange (MCX). In the afternoon, gold fell by Rs 112 to Rs 58976 per 10 grams and silver fell by Rs 292 to trade at Rs 72180 per kg. Earlier on Wednesday, gold on MCX had closed at Rs 59088 and silver at Rs 72472 per kg.
Decline in bullion market
The rates of bullion market are issued by the Indian Bullion and Jewelers Association (IBJA). According to the rate released on the website https://ibjarates.com by IBJA on Thursday afternoon, there was a decline in gold and silver. On Thursday, gold fell by more than Rs 200 to Rs 59125 per 10 grams and silver fell by almost Rs 900 to Rs 71180 per kg.
Earlier on Wednesday, gold had closed at Rs 59329 per 10 grams and silver at Rs 72065 per kg. On Thursday, 23 carat gold is trending at Rs 58888, 22 carat gold at Rs 54159, 20 carat gold at Rs 44344 and 18 carat gold at Rs 34588 per 10 grams.
