Gold prices fall over ₹500/gram in two days, silver slumps ₹1,600 | Editorji
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Gold prices fall over ₹500/gram in two days, silver slumps ₹1,600

Jan 29, 2020 18:41 IST

Gold and silver prices fell on Wednesday, extending their sharp decline in the previous session. On Multi Commodity Exchange of India, February gold futures fell 0.42% or ₹169 to ₹40,073 per 10 gram. In the previous session, gold had declined 0.85%.

Silver futures today on MCX fell 0.32% to ₹45,329 per kg, after slumping over 3% in the previous session. Apart from the coronavirus panic, a stronger rupee also pushed gold prices lower. Gold traders are looking out for the monetary policy announcement by the US Federal Reserve.