Gold prices fall below Rs 45,000 per 10 grams
After a sharp rally in 2020, gold has slumped by more than 20 percent from its all-time high of above Rs 56,000 per 10 grams in August 2020.
Post by on Wednesday, March 3, 2021
Gold prices slipped to their multi-month low-level on Thursday as the strengthening of the dollar and rising bond yields dented appeal for the safe-haven metal.
As per media reports, the prices have breached an important level of Rs 45,000 per 10 grams on the Multi Commodity Exchange (MCX) on Thursday and were trading below Rs 44,800.
After a sharp rally in 2020, gold has slumped by more than 20 percent from its all-time high of above Rs 56,000 per 10 grams in August 2020.
