Gold and silver prices are falling due to continuously weak demand. In the capital Delhi, on Thursday, the price of gold fell by Rs 1650 and it came below the figure of 80 thousand. According to the All India Sarafa Association, the price of 10 grams of gold remained at Rs 79500. While the price of silver also fell by Rs 2900. It remained at Rs 93800 per kg. According to the Sarafa Association, the prices of gold and silver have fallen due to sluggish demand from local jewelers.
On Wednesday, the price of gold was Rs 81150 per ten grams and the price of silver was Rs 96700 per kg. At the same time, the price of 99.5 percent purity gold also fell by Rs 1650 to Rs 79100 per 10 grams. Whereas earlier it had closed at Rs 80750 per ten grams. Traders say that gold prices have come under pressure due to weak demand from local jewelers.
