New Delhi: On the primary buying and selling day of the week, gold and silver costs began on a powerful observe. Gold and silver are buying and selling strongly with an increase of 1 and a half p.c. In the bullion market, there is a rise in the costs of gold and silver.
Gold in the nationwide capital on Monday rose by Rs 348 to Rs 47,547 per 10 gram following a powerful world pattern. In the earlier commerce, the dear metal had closed at Rs 47,199 per 10 gram. Silver additionally zoomed Rs 936 to Rs 71,310 per kilogram from Rs 70,374 per kilogram in the earlier commerce.
In the worldwide market, gold was buying and selling with good points at USD 1,853 per ounce and silver was buying and selling flat at USD 27.70 per ounce.
Gold nonetheless cheaper by Rs 8160 than its file stage
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 very best stage of Rs 56191. Last 12 months, gold gave a return of 43%. As in comparison with the very best stage, gold has declined by 25 p.c. Gold on the stage of Rs 48400 per 10 grams on MCX, remains to be getting Rs 8160 cheaper.
