- Heavily reduced gold
- Fall of silver
- Good news for pasidi lovers
Gold futures fell 4 per cent in early trade on Friday on the MCX. Gold of 10 grams fell by Rs 2,050 to Rs 48,818. Silver also followed in the footsteps of gold. Silver fell by Rs 6,100 to Rs 63,850 per kg.
The main reason for this is the sharp fall in the price of gold in the international market. In the global market, the pound fell 4 percent. The price of an ounce of gold fell below $ 1900 again. Declined to $ 1833. As a result, the price of gold in the domestic market also collapsed.
The superpower America is expected to announce a massive stimulus package. With this, the ten-year bond yield moved up. Rose to its March high. As a result, the price of gold fell sharply. It’s a must have, for any Affiliate, promoting any program.