Home / Markets / Commodities / Gold price falls to Rs 53,951 per 10 gram, silver drops to Rs 71,211 a kg

Gold price falls to Rs 53,951 per 10 gram, silver drops to Rs 71,211 a kg

In New Delhi, prices of 22-carat gold slumped Rs 650 to Rs 53,450 per 10 gram while prices of 24-carat also dropped to Rs 54,750

Govt stares at high payouts as gold prices double over the last year

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On MCX, gold futures slipped nearly 6% to Rs 51,739 while silver futures nosedived 12% to settle at Rs 66,347 per kg.

3 min read Last Updated : Aug 12 2020 | 7:15 AM IST

Gold prices plunged Rs 577 to Rs 53,951 per 10 gram on Wednesday while silver prices also dived over Rs 1,100 from Rs 72,354 to trade at Rs 71,211 per kg, according to Indian Bullion and Jewellers Association.

Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.

In New Delhi, prices of 22-carat gold slumped Rs 650 to Rs 53,450 per 10 gram while prices of 24-carat also dropped to Rs 54,750. Gold prices in the national had declined Rs 1,317 to Rs 54,763 per 10 grams on

Topics : Coronavirus gold silver prices MCX gold options Gold Prices MCX US China

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