New Delhi: Gold prices fell Rs 57 to Rs 46,070 per 10 gram in the nationwide capital on Monday following weak world cues. In the earlier commerce, the valuable steel had closed at Rs 46,127 per 10 gram. Silver additionally declined Rs 270 to Rs 66,043 per kg, from Rs 66,313 per kg in the earlier commerce.
Gold futures achieve on spot demand on April 12, 2021
Gold prices rose by Rs 4 to Rs 46,597 per 10 gram in futures commerce as speculators created recent positions on a agency spot demand. On the Multi Commodity Exchange, gold contracts for June supply traded increased by Rs 4, or 0.01 per cent, at Rs 46,597 per 10 gram in a enterprise turnover of 11,865 heaps. Fresh positions constructed up by members led to the rise in gold prices.
| Â | Â | Â | Â |
|---|---|---|---|
| PURITY | AM | PM | Â |
| Gold | 999 | 46375 | Â |
| Gold | 995 | 46189 | Â |
| Gold | 916 | 42480 | Â |
| Gold | 750 | 34781 | Â |
| Gold | 585 | 27129 | Â |
| Silver | 999 | 66854 | Â |
Chart Courtesy:Â https://ibjarates.com/
International gold prices
Gold prices eased on Monday as U.S. Treasury yields remained elevated, denting the attraction of bullion, whereas buyers waited for this week`s key U.S. inflation and retail gross sales knowledge. Spot gold was 0.1% decrease at $1,740.90 per ounce by 0950 GMT. U.S. gold futures eased 0.2% to $1,742.10. As lengthy as yields are comparatively excessive, gold is not going to profit, ABN Amro analyst Georgette Boele stated, including that the market is now targeted on U.S. March Consumer Price Index knowledge due on Tuesday, a Reuters report stated.
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