Gold Price Today, 18 March 2021: Upward rally in gold prices, rates still below Rs 45,000 per 10 gram

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New Delhi: Gold costs rose by Rs 105 to Rs 44,509 per 10 gram in the nationwide capital on Thursday. Silver additionally jumped Rs 1,073 to Rs 67,364 per kilogram from Rs 66,291 per kilogram in the earlier commerce.

In the earlier commerce, the dear metallic had closed at Rs 44,404 per 10 gram. As per ibjarates.com, right here is the speed of gold on 18 March as of 4:53 pm.

Source: https://ibjarates.com/
  PURITY AM PM
Gold 999 45253 44861
Gold 995 45072 44681
Gold 916 41452 41093
Gold 750 33940 33646
Gold 585 26473 26244
Silver 999 67590 67049

Gold futures acquire on spot demand

Gold costs rose by Rs 197 to Rs 45,037 per 10 gram in futures commerce on Thursday as speculators created contemporary positions on a agency spot demand. On the Multi Commodity Exchange, gold contracts for April supply traded greater by Rs 197, or 0.44 %, at Rs 45,037 per 10 gram in a enterprise turnover of 8,384 heaps. Gold costs have currently seen lots of ups and downs, although largely indicating indicators of restoration. Gold has been buying and selling below Rs 45,000 per 10 gram because the final 10 buying and selling classes.

Fresh positions constructed up by contributors led to the rise in gold costs, analysts stated.

International gold costs

Gold costs reversed course on Thursday, dropping from a greater than two-week excessive as bullion`s attraction was tarnished by climbing U.S. Treasury yields and a firmer greenback. Spot gold fell 0.3% to $1,738.90 an oz. by 0921 GMT after touching its highest since March 1 at $1,755.25. U.S. gold futures had been up 0.5% at $1,734.80, a Reuters report stated.

With Agency Inputs





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