Gold and Silver prices decline in Indian market for four consecutive days

Gold and Silver prices fell for the fourth day but in global market gold prices saw a rose as US starts its vaccination process from today. Holdings in the world’s largest gold-backed exchange-traded fund ETF, SPDR’s Gold Trust fell to 0.32% to 1,175.99 tonnes on Friday from 1,179.78 tonnes. Gold is going to face its first quarterly loss since 2018 ; as the progress of distribution of vaccination and signs of recovery seems dim even as leading government banks continue to offer support to the economies.

 

 

 

 

 

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