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 prices of gold and silver. For the last few days, there have been fluctuations in the rates of both the precious metals. On Thursday, along with the bullion market, a decline was also 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.
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.
There was a decline in the bullion market
Bullion market rates are issued by the India Bullion and Jewelers Association (IBJA). According to the rates released by IBJA on the website https://ibjarates.com on Thursday afternoon, a fall was seen 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.
