Gold prices down, 7th day in a row
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Gold futures contracts are down by 0.20% to ₹37,647/10gms on MCX.
Gold is now down about ₹2,350/10gms from highs of ₹40,000/10gms.
Silver prices are weak too at ₹44,262/kg.
Prices have fallen on optimism that US and China will reach a trade deal soon
An appreciation in rupee has also put pressure on domestic gold prices
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https://www.desidime.com/discussions/gold-prices-down-7th-day-in-a-row?page=1#post_6291722
what goes up down has to come down
gold was bound to come down after the steep rise in prices
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there are several factors that influence gold prices. if you panic due to such variations, then bullion is not your cup of tea.