Gold drops to Rs 41000

The ornamental gold that is 22-carat gold rate has dropped down to around Rs 41000 per ten grams. The 24-carat gold is around 43000 per ten gems. Overall the purchase of the gold has come down.

There are no marriages happening. Most of the big marriages have been postponed. Corona has taken its toll on the gold business also. The rate has come down but as of now, it is difficult to purchase as the shops are closed.

The price of the yellow metal has been growing up du to Corona earlier, but after Corona entered India the market was not doing well. Now that there is no market, the Gold drops have naturally dropped.

The file rates also have come down to some extent.