Gold Prices Today: Domestic spot gold closed at Rs 4,506 per 10 grams on Tuesday
Highlights
- Domestic spot gold closed at ₹ 4,506 per 10 grams on Tuesday
- Gold futures had been final buying and selling decrease by 0.15 per cent at ₹ 46,904
- Silver futures had been final up 0.06 per cent at Rs 67,694
Gold Price In India: Domestic gold futures witnessed unstable buying and selling marginally decrease on Wednesday, April 14. On Multi Commodity Exchange (MCX) gold futures, due for a June 4 supply, had been final seen buying and selling decrease by Rs 71 – or 0.15 per cent – at Rs 46,904, having swung between Rs 46,836 and Rs 46,908 through the session up to now, in comparison with their earlier shut of Rs 46,975. Silver futures for a May 5 supply had been final up 0.06 per cent at Rs 67,694. (Also Read: Is Silver The New Gold?)
Domestic spot gold closed at Rs 4,506 per 10 grams on Tuesday, and silver at Rs 63,064 per kilogram – each charges excluding GST, in keeping with Mumbai-based trade physique India Bullion and Jewellers Association (IBJA).
#Gold and #Silver Closing #Rates for 13/04/2021#IBJApic.twitter.com/BRb8znmStD
— IBJA (@IBJA1919) April 13, 2021
”LBMA Gold Spot buying and selling above $1740 ranges. Gold costs moved larger on Tuesday, rebounding because the greenback moved decrease and yields dropped. The decline within the 10-year yield got here regardless of a bigger than the anticipated headline and core CPI report introduced on Tuesday by the Department of Labor,” mentioned Kshitij Purohit, Product Manager, Currency & Commodities, CapitalVia Global Research Limited.
”Treasury yields seem like topping out which might result in a rally within the yellow steel. Downside assist is $1720 ranges, Resistance is at $1760 ranges. MCX Gold June buying and selling with optimistic momentum in night session, Downside assist for the steel is 46300. Resistance for the steel is 47100,” he added.
