New Delhi: Gold prices are slowly bouncing again. Last week, gold confirmed steady strengthened whereas silver prices have seen quite a lot of ups and downs.
On Friday, the Gold future for June supply closed above Rs 48400 per 10 grams whereas at present it’s seeing a robust turnover of Rs 150 per 10 grams. In the final two weeks, gold has develop into costly by about Rs 600.
Gold transfer final week
Day gold (MCX June futures)
Monday: Rs 48474/10 grams
Tuesday: Rs 48307/10 grams
Wednesday: Rs 8674/10 grams
Thursday: Rs 48544/10 grams
Friday: Rs 48404/10 grams
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Gold transfer two weeks in the past
Monday: Rs 47951/10 grams
Tuesday: Rs 47633/10 grams
Wednesday: Rs 47482/10 grams
Thursday: Rs 47438/10 grams
Friday: Rs 47676/10 grams
Gold cheaper by round Rs 7,650 from the best level
Last yr, because of the Corona disaster, individuals 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 by 25 %. Gold is on the level of Rs 48,550 per 10 grams on MCX, which is still cheaper by Rs 7650.
As far as silver is anxious, the July futures of silver additionally closed with an enormous fall on Friday and closed to Rs 71,000 per kg, though at present it has not received a great begin. Today, silver futures are up greater than Rs 560 and is hovering above Rs 71600 per kg.
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