The precious
yellow metal price has dropped by Rs 800 per tola (11.664 gram) in a week to Rs
54,000 this week.
The market
saw the trading of gold at Rs 54,000 per tola today, from Sunday's Rs 54,800
per tola, though the precious yellow metal price went up To Rs 54,900 on
Monday.
Likewise,
the silver also witnessed a drop of Rs 25 per tola to Rs 840 per tola today from
Sunday's Rs 865.
The volatile US dollar and
volatile prices in the international market has direct impact to the domestic
market that has been witnessing a huge chunk of gold smuggling from China to
India in recent months.
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