Gold prices decline further, records an estimate of Rs 4000 in three weeks

Gold prices continue to dribble in Indian Markets. On MCX, Gold futures fell to Rs 48,106 per 10 gram sliding by 0.85% on Friday. Even Silver didn’t perform well on MCX, silver futures dropped by 1.3% to Rs 59,100 per kg. For about three weeks gold prices have plunged around Rs 4,000 per 10 gram while silver costs to Rs 6,000 per kg.