Gold and silver prices continue to fall, shopping on Akshaya Tritiya is auspicious

Akshaya Tritiya is on Friday 10th May. Akshaya Tritiya is celebrated on Vaishakh Shukla Tritiya Tithi. On the day of Akshaya Tritiya, we worship Goddess Lakshmi so that the wealth received by her grace is not lost on that day. Therefore it is very important to buy gold and silver on this day, so if you are thinking of buying then there has been a huge decline in the price of gold for some time. On Tuesday, the price of gold fell by more than Rs 500. Gold is trading at Rs 70 thousand per 10 grams on MCX. At the same time, the prices of silver have fallen by more than Rs 1200.

The price of silver on MCX was Rs 81280 per kg. If compared with April 16, the price of gold has fallen by about Rs 4000.

Gold prices continue to fall

On April 16, gold reached close to Rs 74 thousand on MCX but since then there has been a huge decline in its price. In 14 days, the price of gold has fallen by about Rs 4 thousand to Rs 70980 per 10 grams. On Tuesday itself, the price of gold has fallen by Rs 622. As far as silver is concerned, the June futures price on April 16 was Rs 10 per 10 kg. 85 thousand i.e. about 85 thousand rupees. Decrease of Rs 4 thousand per kg. Has reached 81280.

What was the price of gold yesterday?

Earlier on Monday, June futures gold on MCX was priced at Rs. Closed at Rs 71602 per 10 grams. On Friday, the price of 10 grams of gold was Rs 71 thousand 500. A slight fall was seen in silver prices and it stood at Rs 82483 per kg. On Friday, the price of one kg silver was Rs 82496.

Prices increased significantly in April

It is noteworthy that on April 16, gold and silver prices on MCX reached their all-time high. Gold was trading around Rs 74 thousand while the price of silver was more than Rs 85 thousand per kg. The price of gold in the month of April was Rs 200. There was an increase of more than 6 thousand. At the same time, the price of silver increased by about Rs 9 thousand.