Last Updated on May 5, 2021 by Damini Patel
Gold once again 47000 Rs Per 10 grams is going down. Silver today July The futures have begun. However the business is going flat. Gold and silver prices also declined in the bullion market today. Gold and silver opened higher on Monday, but declined on Tuesday. June gold futures on the MCX closed at 46,870 on Tuesday with a weakness of Rs 450. Gold got off to a sluggish start today.
Gold this weekend
- Day: Gold (MCX June futures)
- Monday: 47319/10 g
- Tuesday: 46871/10 g
- Wednesday: 46900/10 g (until 1 p.m.)
Gold last week (April 26-30)
Day: Gold (MCX futures)
- Monday: 47462/10 g
- Tuesday: 47303/10 g
- Wednesday: 47093/10 g
- Thursday: 46726/10 g
- Friday: 46737/10 g
Gold is about Rs 9300 cheaper than the highest level
Last year, people invested heavily in gold due to the Corona crisis, with the price of 10 grams of gold reaching a high of Rs 56,191 on the MCX in August 2020. Gold returned 43% last year. If the highest level is compared then gold has broken down by 25%, gold is at Rs 46900 per 10 grams on MCX which is still getting cheaper by Rs 9300.
As far as silver is concerned, silver May futures closed at Rs 70,000 on Monday with a strength of Rs 2,460. But on Tuesday he lost half his lead. Silver May futures fell by Rs 1,300 to close at Rs 69,550. Silver July futures have started today.
Silver moves this week
- Day: Silver (MCX – May Futures)
- Monday: 69871 / kg
- Tuesday: 69441 / kg
- Wednesday: 69479 / kg (July futures – Trading till 1 pm)
Silver move last week (April 26-30)
Day: Silver (MCX – May Futures)
- Monday: 68680 / kg
- Tuesday: 68958 / kg
- Wednesday: 67786 / kg
- Thursday: 67474 / kg
- Friday: 67524 / kg
Silver is Rs 10,400 cheaper than its highest level
The highest level of silver is Rs 79,980 per kg. Accordingly, silver is also Rs 10,400 cheaper than its highest level. Today, silver futures are at Rs 69,580 per kg.