Gold Price Today, 04 May 2021: Gold cheaper by Rs 9,100 from record level

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New Delhi: After robust rally on Monday, gold and silver costs are as soon as once more buying and selling weaker on Tuesday. Yesterday, gold had change into costly by Rs 600 whereas silver additionally elevated by Rs 2470, ie, about 4 and a half % larger.

Yesterday, gold futures on MCX jumped by Rs 47450 per 10 grams in intraday. Finally, it closed on the level of 47319 with a power of over Rs 600 per 10 grams. Today, nonetheless, gold is buying and selling decrease by Rs 160 per 10 grams. Gold at the moment hovering above Rs 47100 level, thus as soon as once more coming ultimately week’s level.

Gold costs final week (April 26-30)

Day gold (MCX June futures)

Monday: Rs 47462/10 grams

Tuesday: Rs 47303/10 grams

Wednesday: Rs 47093/10 grams

Thursday: Rs 46726/10 grams

Friday: Rs 46737/10 grams

 

Gold costs (19-23 April)

 

Day gold (MCX June futures)

Monday: Rs 47393/10 grams

Tuesday: Rs 47857/10 grams

Wednesday: Rs 48228/10 grams

Thursday: Rs 47772/10 grams

Friday: Rs 47532/10 grams

 

Gold worth (week of April 12-16)

Day gold (MCX June futures)

Monday: Rs 46419/10 g

Tuesday: Rs 46975/10 grams

Wednesday: Rs 46608/10 grams

Thursday: Rs 47175/10 grams

Friday: Rs 47353/10 grams

 

Gold transfer (week of 5-9 April)

Day gold (MCX June futures)

Monday: Rs 44598/10

Tuesday: Rs 45919/10 grams

Wednesday: Rs 46362/10 grams

Thursday: Rs 46838/10 grams

Friday: Rs 46593/10 grams

Gold nonetheless cheaper by round Rs 9200 from the best level

Last yr, because of the Corona disaster, folks had invested closely in gold, in August 2020, the value of 10 grams of gold on MCX reached the best level of Rs 56191. Last yr, gold gave a return of 43%. If in comparison with the best level, gold has declined as much as 25%. At Rs 47100 per 10 gram level on MCX, gold continues to be Rs 9100 cheaper than its earlier record level.

MCX Silver: As far as silver is anxious, the May futures of silver closed at near Rs 70,000 with a power of Rs 2460 on Monday. But in the present day silver futures are displaying a decline. Silver has come right down to Rs 69700 per kg with a weak spot of Rs 170.

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