Gold and Silver prices have dipped further down here on the market and for the second consecutive day. The reason for the decline in the prices is due to the sustained offerings from the stockists on the back of the weakness in the global markets.

Standard gold which is 99.5% pure has gone down by Rs.185 to Rs.12,040 and pure gold which is 99.9% pure has gone down by Rs.175 to Rs.12,105. Silver has noted a dip of Rs.405 per kg and is now worth Rs.23,415 only.

This might be a good news for the bullion market investors and buyers. According to me, you should wait a little bit more because the market is going to fall even more. Good luck!