New Delhi. The demand for gold and silver increases during the wedding season, due to which their prices also start increasing, but on Monday (2 December), a decline was seen in the prices of gold and silver. Amid the weak trend in the international markets, the price of gold fell by Rs 200 and the price of silver fell by Rs 2,200.

According to the All India Sarafa Association, the price of gold in the Delhi bullion market fell by Rs 200 to Rs 79,200 per 10 grams on Monday. On Friday, it closed at Rs 79,400 per 10 grams. The price of 99.5 percent pure gold fell by Rs 200 and came down to Rs 78,800 per 10 grams. On Friday, it closed at Rs 79,000 per 10 grams.

Silver prices fell by Rs 2,200
Silver prices fell by Rs 2,200 to Rs 90,000 per kg due to low buying by industrial units and coin makers. It had closed at Rs 92,200 per kg in the previous trading session.

Globally, Comex gold futures fell by US$23.50 an ounce or 0.88 per cent to US$2,657.50 an ounce. Silver also fell by 1.36 per cent to US$30.69 an ounce during Asian market hours.

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It is worth noting that IBJA does not release the rate on Saturdays and Sundays apart from government holidays. You can also know the retail price of gold on your mobile. For this, you have to give a missed call on 8955664433 and a message will come on your phone. Information about the price of gold is sent to you through SMS.