Gold and silver costs on Monday fell for the second consecutive day in home markets, primarily owing to hardening of US bond yields. Gold futures fell by 0.03 per cent to Rs 46,580 per 10 grams on MCX.
However, silver fell by 0.15 per cent to Rs 66,884 per kg.
Earlier this month, gold costs had rebounded from year-low ranges of Rs 44,000, nevertheless owing to the rising Corona virus instances, a spurt in international charges and fast depreciation in rupee have led to repeated decline in gold costs.
The final time gold had hit a document excessive of Rs 56,200 was in August, 2020.
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