Gold dropped by  Rs 5000 per 10 grams in the domestic market

Mumbai: In respect of  Coronavirus Vaccine, Gold prices are falling worldwide. Gold prices are dropping downwards in foreign markets, now cheaper by Rs 5000 per 10 grams in the domestic market. Gold prices are falling worldwide. Globally, the gold price has fallen to $ 1929 an ounce.

According to the media reports, gold prices have fallen by Rs 5000. The price of gold has fallen from 56,200 to close to Rs 51000 per ten grams. At the same time, silver has become cheaper by Rs 12000 per kg. During this period, prices have fallen from Rs 78000 to close to Rs 66000..

The policy and packages of the US Central Bank Federal Reserve and other central banks of the world have pushed the interest rates to near zero due to this, the price of gold has jumped about 28 percent in the foreign market this year.

Gold and silver prices continue to fall – On Monday, the price of 24 carat gold in the Delhi Bullion Market was reduced by Rs 44 to Rs 53,040 per 10 grams compared to Rs 53,084 on Friday. On Monday, the price of one kilogram of silver came to Rs 68,202 in Delhi Bullion Market. On Friday, silver had closed at Rs 68,408 per kg.