India 360: Gold becomes cheaper before Akshaya Tritiya, MCX gold reaches near 50,500
Zee Business Video Team | Updated: May 3, 2022 08:24 AM IST
Tomorrow the festival of Akshaya Tritiya will be celebrated across the country. The buying of gold and silver on this occasion is considered very auspicious in Hinduism. A day before Akshaya Tritiya 2022, there has been a huge fall in the prices of gold and silver. After a weak signal from the global market, gold prices fell by about Rs 1200 in the Multi Commodity Exchange (MCX) and the Indian bullion market and the price of gold fell below 50,500. Apart from gold, there was a decline in silver and silver fell to the lowest level of three and a half months. On MCX, silver fell by about Rs 1400 and the price reached close to Rs 62,200. What is the reason behind huge fall in gold? Watch this video to know more details from Commodity Editor Mrityunjay Kumar Jha.
