Gold prices slump ₹2000 per 10 gram in a day, silver rates crash ₹6,000
Sat, Jan 9, 2021 11:10 AM

Gold prices slump ₹2000 per 10 gram in a day, silver rates crash ₹6,000

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Gold and silver prices suffered steep losses on Friday, tracking a sharp decline in global rates. On MCX, February gold futures slumped 4% or ₹2050 to ₹48,818 per 10 gram while silver futures tanked ₹6,100 or 8.8% to ₹63,850 per kg. In global markets spot gold dropped nearly 4% to $1,833.83 per ounce as a jump in US Treasury yields hammered bullion's safe-haven appeal.

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