Continuous reduction in the prices of gold and silver

There was a huge reduction in gold and silver prices in the last business week. Along with the international market, a decline in the prices of both the metals was recorded in the Indian bullion market as well. After this, gold (24 carat) became Rs 58,300 per 10 grams on MCX in the Indian bullion market. While gold of 22 carat purity came down to Rs 53,570 per 10 grams. On the other hand, a fall in the price of silver was recorded.
After this, the price of silver came down to Rs 68,085 per kg. On the last trading day of the last week, a reduction of 0.18 per cent i.e. Rs 104 was recorded in the price of gold. While silver became cheaper by Rs 223 per kg with a reduction of 0.33 per cent. On the other hand, the price of gold on US Comex came down by 0.34 percent to $ 1,930.30 an ounce. While silver was recorded at $ 22.46 an ounce after a fall of 0.05 percent on US Comex.
These are the prices of gold and silver in major cities of India
In the capital Delhi, gold of 24 carat purity stood at Rs 58,240 per 10 grams and 22 carat gold at Rs 53390 per 10 grams. Whereas in the closed business week, the price of silver was Rs 68,180 per kg in Delhi. Whereas in Mumbai, the price of gold (24 carat) closed at Rs 58,340 per 10 grams and 22 carat gold closed at Rs 5,3480 per 10 grams here. On the other hand, the price of silver in Mayanagari closed at Rs 68,290 per kg in the bullion market that closed on Friday. In Kolkata, 24-carat gold closed at Rs 58,260 per 10 grams, while 22-carat gold closed at Rs 5,341 per 10 grams.
While the price of silver in Kolkata was Rs 68,200 per kg. Whereas in Chennai, gold of 24 carat purity closed at Rs 58,510 per ten grams, while 22 carat gold closed at Rs 5,3630 per kg. While the price of silver closed at Rs 68,490 per kg.