Gold-Silver Price: Big fall in 3 consecutive days, the price of gold is decreasing, do you know the new rate? – gold silver price reduce from three days check latest yellow metal rates in kolkata gold will become cheaper sus

Gold Rate: After the record rise of the last few days, the price of gold rose above Tk 73,000 per 10 grams, but the price of gold has been decreasing since Friday. Gold prices fell to Rs 70,451 in three consecutive trading days. That is, the price of gold has decreased by more than 2 thousand rupees. Not only this, a major fall has been seen in the price of silver as well.

Buyers got a big relief in the price of gold and silver during the wedding season. Along with gold, silver prices fell below Rs 80,000 for three consecutive trading days on the MCX. Only today i.e. Tuesday the price of silver decreased by 1000 rupees. On Friday i.e. April 19, the price of silver was Tk 83,507 per kg, which has decreased by Tk 3926 per kg to Tk 79,581 per kg in three business days.

How much has the price of gold fallen?
On Friday, gold closed at Rs 72,806 per 10 grams on the MCX. On Monday, gold prices fell by Rs 1,300 to close at Rs 71,522 per 10 grams. Today, gold price has fallen by Rs 746 and is trading at Rs 70,451. In such a situation, the price of gold has decreased by Tk 2355 per 10 grams in three days.

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How much has the price of gold fallen in the world market?
Speaking of global markets, gold fell 2% to $2,341.9 an ounce in the U.S. amid Friday’s major volatility, its biggest daily decline in over a year. Gold was trading at $2,370 per ounce on Monday, which fell to $2,306 per ounce on Tuesday.

Why is the price of gold and silver falling?
The sharp rise in gold and silver rates was due to the reduced likelihood of a rate cut by the Federal Reserve. Apart from this, the yellow metal and silver prices reached record highs as fears of an Iran-Israel war increased. But now, as the fear of Iran-Israel war has decreased, the price of gold and silver has fallen significantly.

Will the price of gold fall within 24 to 36 hours?
In the last 24 hours, the price of gold in the country’s futures market has seen a fall of Tk 2,6000 per ten grams. Experts believe that if this trend continues, the price of gold is expected to fall by another Tk 2000 within 24 to 36 hours. The Iran-Israel war has cooled somewhat. On the other hand, the dollar index went above 106 levels. Due to which the price of gold is decreasing. Experts say the US central bank will not cut interest rates in June. That is why the price of gold is falling. However, experts also add two conditions. The first is that the war between Iran and Israel must cool down for the next 24 to 36 hours. The second condition is that within the next 10 hours, the price of gold should break the level of 70 thousand rupees. If these two conditions are fulfilled, no one can stop the price of gold from falling.