Gold prices today fall sharply, down over ₹1,000 per 10 gram from highs2 min read . Updated: 23 Mar 2020, 01:01 PM IST
- Gold in India has fallen sharply after hitting a record high of about ₹45,000 per 10 gram earlier this month
- Silver has also seen a sharp fall over two weeks
Reversing early gains, gold prices today fell sharply in Indian markets, tracking a decline in global rates. On MCX, April gold futures fell 1% to ₹39,895 per 10 gram, after rising as much as to ₹40,937 earlier in the session. Silver rates also pared gains and were up 0.16% higher at ₹36,600 per kg. Gold prices in India have seen a sharp correction since hitting a record high of about ₹45,000 per 10 gram, tracking similar movement in global rates. Despite today's upmove in gold prices, the precious metal is down over ₹4,000 per 10 gram in about two weeks in domestic markets.
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