Gold Price Today / Gold prices fall, Rs 10,800 cheaper - know what is today's price

Gold, Silver Rate:  Even today the June futures of gold on MCX remains above Rs 45,000, today gold has started flat. Silver futures on MCX have slipped below Rs 65000 per kg. Although the start was over 65,000.

MCX Gold: Today, June futures of gold on MCX are trading at Thursday level only. Gold also went above 45,500 on Thursday. On Thursday, gold was seen rotating in a radius throughout the day, but in the last hour it was seen to be a good purchase. Last week, gold rose more than Rs 700 per 10 grams.

Gold is cheaper by Rs 10,800 from the highest level

Last year, due to the Corona crisis, people had invested heavily in gold, in August 2020, the price of 10 grams of gold on MCX reached the highest level of Rs 56191. Last year, gold gave a return of 43%. If compared to the highest level, gold has broken down by 25%, gold is trading at MCX level of Rs 45400 per 10 gram, which means that it is getting cheaper by about Rs 10800.

MCX Silver: On Thursday, silver May futures on MCX strengthened by more than Rs 1200 to close at Rs 65089 per kg. But today the price is showing a drop of 200 rupees. Last week, silver closed strong by Rs 900, while it is strengthened by Rs 1800 from lower levels.

Silver is cheaper by Rs. 15000 from its highest level.

The highest level for silver is Rs 79,980 per kg. Accordingly, silver is also cheaper by Rs 15,000 from its highest level. Today, May futures of silver are trading at Rs 64900 per kg.

Gold and silver in bullion market

According to the India Bullion and Jewelers Association ie IBJA, there is a drop in gold prices in the bullion market. On Thursday, gold sold at Rs 44919, while on its first Wednesday, the rate sold at Rs 44190 per 10 grams. That is, 900 rupees was expensive. Silver prices also saw a rise. On Thursday, silver sold in bullion market at Rs 63737 per kg, while on Wednesday the rate was Rs 62862.