A large drop in gold
On Tuesday, gold dropped by Rs 163 to Rs 36807 per 10 grams. According to market experts, the decline in demand from local jewelers has led to a fall in gold prices. Apart from this, the weak global trend has become a major reason for the fall in gold prices. In the national capital, Delhi, 99.9 per cent purity reached Rs 36,807 per 10 grams, while 99.5 per cent purity of gold came down by Rs 165 to Rs 36,635 per 10 grams. While the price of Guinness remained steady at Rs 27,600 per 8 gram
On the other hand, silver prices declined marginally by Rs 80 to Rs 43,020 per kilogram. On the other hand, weekly delivery dropped by Rs 112 to Rs 42,291 per kilogram. Silver coins remained steady at Rs 85,000 for buying on Tuesday and Rs 86,000 for selling of 100 pieces.
Gold rose to the highest level since Monday after a boom
On Monday, gold rose by Rs 800 to Rs 36,970 per 10 grams. This is the biggest increase since July 11 in gold prices. Earlier, on the next day of the common budget, gold rose to Rs 1,300 on July 06 and Rs 930 per 10 grams on July 11. The price of silver, along with gold, has also risen. On Monday, silver was Rs.1000 and its price reached Rs 43,100 per kg.