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08.05 - 06:11
04.05 - 09:40
₹1,500 per 10 gram, a day after hitting record high
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It has been a volatile week for gold in India. After futures gold rates on MCX hit a new intra-day high of ₹47,327 per 10 gram on Thursday, the next day, prices fell 3.3% or ₹1,573 per gram to end at ₹45,685.
A similar trend was seen in global markets. On Friday, gold fell as much as 2% to below $1,700 an ounce in global markets as investors globally drew comfort from US President Donald Trump's plans to gradually re-open the U.S.
economy in a three-stage approach. Silver rates on MCX ended the week at ₹42,667 per kg, down 3.59% from the previous day's price.
Global stock markets closed out a second straight week of gains after Trump laid out guidelines for gradually reopening the coronavirus-hit U.S.
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