Gold and Silver prices have decreased significantly in the Indian bullion market.
The decline in the Indian bullion market was evident as 24 carat Gold was trading 1.2 per cent lower, with a price of 1,44,610 rupees per 10 grams. Simultaneously, Silver experienced a drop of 2.1 per cent, trading at 2,22,790 rupees per kilogram. On the Multi Commodity Exchange, Gold for the August contract was trading 1.2 per cent down at 1,43,951 rupees per 10 grams, while Silver for the September contract was trading nearly two per cent lower at 2,22,570 rupees per kilogram.
These substantial drops in prices could potentially impact gold and silver traders significantly in the Indian market.
Source:
Akashvani News
