2010 Gold prices have fallen after touching a record level of Rs. 19,370 per ten grams. The price of the commodity has lost Rs.100 at today's trading. This price was recorded at the capital of the country. The weakening global trend has enhanced the price of the commodity to reach its extreme level.
However, the two major benchmarks of the country that are Bombay Stock Exchange's Sensex and National Stock Exchange's Nifty have seen a formidable hike for last four day's of trading.
It has also been informed that some of the retail customers have sold there old scraped gold jewellery as the price of the commodity was just at its top position.
But after today's fall they are just holding the position. Moreover, the festive and marriage season in the country is about to start and retail customers are looking forward to get a better price in future and expecting that the price may go up to new high.
However, the market experts believe that the bull run of the commodity may not last long at present context.
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