Gold-Silver Price Updates : The trend of gold has declined. Gold has shown a declining trend in last week’s trading. Gold prices had seen a fall in the last trade due to the improvement in the value of the rupee. In the Delhi bullion market, gold fell by Rs 93 to Rs 46,283 per 10 grams on Thursday. On the previous day, gold had closed at Rs 46,376 per ten grams. However, the price of silver rose by Rs 99 to Rs 66,789 per kg. The closing price on the previous day was Rs 66,690.
Gold future is also moving around 47,000. In this way, gold is running about 9,200 cheaper than its record high 56,200. Last month, gold made a further recovery due to the increase in gold, but due to the decreasing cases of corona, investor sentiment improved and they scattered a bit.
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then today the price of gold is like this- (These prices are given per gram without GST charge)
999 (purity) – 47,216
Silver 999- 68123
futures prices fall
Gold prices on Thursday fell by Rs 86 to Rs 46,986 per 10 grams in the local futures market as speculators reduced their positions amid weak spot demand. On the Multi Commodity Exchange, gold for delivery in August fell by Rs 86, or 0.18 per cent, to Rs 46,986 per 10 grams. It had a business turnover of 10,864 lots.