New Delhi: Gold prices that had been hovering in the vary of Rs 46000 to Rs 46400, is now seeing an upward rally in prices. Silver too has gained since Monday. Bullion market is closed right now.
Gold futures for June supply on MCX on Tuesday closed at Rs 46,964, logging a acquire of Rs 545 per 10 grams. Gold additionally crossed the Rs 47,000 degree in intraday. Last week, gold had strengthened by Rs 1995 per 10 grams, whereas this week it has gained power of Rs 545.
Gold vary this week
Day: (MCX June futures)
Monday: Rs 46419/10 g
Tuesday: Rs 46964/10 grams
Wednesday: Market closed
Gold vary final week
Monday: Rs 44598/10 grams
Tuesday: Rs 45919/10 grams
Wednesday: Rs 46362/10 grams
Thursday: Rs 46838/10 grams
Friday: Rs 46593/10 grams
Gold cheaper by round Rs 9200 from its highest degree
Last 12 months, 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 12 months, gold gave a return of 43%. When in comparison with the best degree, gold seen a slide of 25%. At MCX it’s buying and selling at Rs 46960 per 10 gram, thus cheaper byby about Rs 9240 from its highest degree logged in August final 12 months.
Silver cheaper by about Rs 12380 from its highest degree
Silver prices that had seen its highest degree at Rs 79,980 per kg has grow to be cheaper by Rs 12380 from its highest degree. May futures of silver are buying and selling at Rs 66100 per kg.
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