Gold Price Today, 07 May 2021: Gold cheaper by over Rs 8,500 from record level, silver by Rs 8,360

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New Delhi: Gold and silver costs are witnessing a pointy rise these days. The growth in gold futures began on Wednesday. Today, on the final buying and selling day of the week, the valuable metallic continues to rise. Silver costs have crossed Rs 71600 per kg and gold is above Rs 47700 per 10 grams.

Gold within the nationwide capital on Thursday rose by Rs 439 to Rs 46,680 per 10 gram reflecting restoration in international valuable metallic costs. In the earlier commerce, the metallic had closed at Rs 46,241 per 10 gram. Silver additionally rallied Rs 1,302 to Rs 69,511 per kilogram from Rs 68,209 per kilogram within the earlier commerce.

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 gram

Gold value (week of April 12-16)

Day gold (MCX June futures)

Monday: Rs 46419/10 gram

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 degree

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 degree of Rs 56191. Last yr, gold gave a return of 43%. If in comparison with the best degree, gold has declined as much as 25%. Gold futures for June supply is on the degree of Rs 47700 per 10 gram on MCX, which signifies that it’s nonetheless cheaper by Rs 8500.

Silver nonetheless cheaper by round Rs 8,360 from the best degree

The highest degree of silver was witnessed at Rs 79,980 per kg. As in comparison with the record degree, silver can be cheaper by Rs 8,360 as silver costs are at Rs 71620 per kg.

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