Silver drops down below Rs. 70,000:
After marking shining and rising trend in the whole April, silver has witnessed sharp decline in prices in last two days. It has gone down to Rs. 68,500 per kg level to that of Rs. 77,000 per kg as seen in April. Silver recorded single drop of Rs. 4,000 per kg wherein gold recorded fall of Rs. 200 per 10gms yesterday. Sudden drop has raised caution in newly begun investor lobby seeing silver as short term capital gain instrument.
After marking shining and rising trend in the whole April, silver has witnessed sharp decline in prices in last two days. It has gone down to Rs. 68,500 per kg level to that of Rs. 77,000 per kg as seen in April. Silver recorded single drop of Rs. 4,000 per kg wherein gold recorded fall of Rs. 200 per 10gms yesterday. Sudden drop has raised caution in newly begun investor lobby seeing silver as short term capital gain instrument.
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