Gold Price Today: Gold prospects fell pointedly, silver turned out to be modest, realize what is the leftover rate
Due to the progress made in the Gold Price Today vaccine, there has been a decrease in the demand for gold, considered safe haven. This led to a decrease in gold and silver futures on the Multi Commodity Exchange.
Gold and silver futures prices fell sharply on Thursday. On the Multi Commodity Exchange (MCX) at 10:23 am in February 2021, the price of delivery gold was falling by Rs 455, ie 0.92 per cent, at Rs 48,850 per 10 grams. In the previous session, the gold price in February contract was Rs 49,305 per 10 grams. On the other hand, in April 2021, the price of delivery gold was down by Rs 428 i.e. 0.87 per cent to Rs 48,857 per 10 grams. Earlier on Wednesday, April contract gold price was Rs 49,285 per 10 grams.
Silver Price in Futures Market
On the Multi Commodity Exchange at 10:24 am, in March 2021, the price of delivery silver was falling by Rs 871, or 1.32 per cent, to trend at Rs 65,150 per kg. In the previous session, the price of silver in March 2021 contract was Rs 66,021 per kg. The price of silver in May 2021 contract was down by Rs 742, or 1.11 per cent, to trade at Rs 66,100 per kg. In the previous session, silver was ruling at Rs 66,842 per kg.
Gold Price in International Market
According to Bloomberg, gold was trading at $ 1,839.40 an ounce, a fall of $ 15.50, or 0.84 per cent, on Comex. At the same time, the price of gold in the spot market was down by $ 3.09 i.e. 0.17 percent at $ 1,842.42 an ounce.
Silver Price in International Market
According to Bloomberg, silver was down $ 0.29, or 1.12 percent, at $ 25.29 an ounce on Comex. However, silver was in the spot market at $ 25.28 per ounce, an increase of $ 0.06 or 0.25 percent.