In the past week gold and silver dropped drastically. Even the ongoing tensions in Russia and US could not provide support to gold.
This week too gold fell 0.4 per cent though it recovered on the last day of the week.
It is very difficult to list “a” particular reason for fall in gold prices. Rise and decline are both influenced by a variety of factors.
This week, gold fell 0.4 percent, the second straight decline, partly on gains in the U.S. and Chinese economies.
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