Gold prices fall, silver’s shine has faded, check new rates

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Gold Silver Prices On 6th January 2022: The luster of gold and silver seems to be fading in the bullion market. On Thursday, gold fell by Rs 284 to close at Rs 46,700 per 10 grams in the bullion market. According to HDFC Securities, this fall has been in line with the fall in the international price of the precious metals. In the last trading session, gold had closed at Rs 46,984 per 10 grams.

The silver glare is missing. Silver prices have also declined by Rs 1,292 per kg in the bullion market. On Thursday, the price of silver has closed at Rs 59,590 per kg. It had closed at Rs 60,882 per kg in the last trading session. In the international market, gold prices settled at USD 1,800 an ounce, while silver prices remained almost unchanged at USD 22.34 an ounce.

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HDFC Securities Senior Analyst (Commodities) Tapan Patel said, “Gold on Thursday fell by half a percentage point to USD 1,800 an ounce on the New York-based commodity exchange Comex. This led to a fall in the prices of gold here. ,

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The gold and silver business of the country is also troubled. Corona pandemic and new variants omicron Due to this, restrictions have been imposed in the coming wedding season, due to which there can be a big decline in the sales of gold and silver. Gold prices are also seeing a fall due to the decrease in demand.

Disclaimer: (The information provided here is for informational purposes only. It is important to mention here that investing in bullion market is subject to market risks. Always consult an expert before investing money as an investor. Any information from ABPLive.com It is also never advised to invest money here.)

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