It is common for gold and silver prices to fall. Meanwhile, gold prices have fallen once again. Despite positive global cues on MCX, gold futures prices have fallen by 0.02 percent. Due to this, gold has reached the level of Rs 49,131 per 10 grams. In the previous session, the price of gold had fallen by 0.5 percent.
According to experts, gold prices are falling due to expectations from US fiscal measures. However, silver futures have gained 0.4 percent on MCX today. The futures silver has come down to Rs 66,885 per kg.
However, spot gold rose 0.3 percent to $ 1,858.57 an ounce in global markets today. At the same time, the price of silver rose 0.9 percent to $ 25.61 an ounce.