Gold Price Today / Gold still cheaper by Rs 10,000, Know what is the latest rate of bullion market

Gold Price Today: Gold and silver once again seems to be a buying opportunity. After yesterday's spectacular boom, today it is once again seen sluggish. Gold on MCX has started with a slight lethargy, although weakness seems to be increasing gradually. MCX is trading at silver futures with a weakness of Rs 150 per kg.

MCX Gold: On Wednesday, gold futures on MCX closed at Rs 46362, up Rs 440 per 10 grams. Yesterday, gold futures also touched a high of 46420 in intraday and fell to the level of 45742. Today, gold has started with little lethargy. But this decline is now increasing, although rates still remain above 46,000. This week, gold has strengthened by Rs 1670 per 10 grams.

Gold is about Rs 10,000 cheaper than 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 been broken up by 25%, gold is trading at MCX at a level of Rs 46260 per 10 gram, which is getting about Rs 10,000 cheaper.

MCX Silver: Silver shine has also faded today. The silver May futures on MCX had risen by Rs 770 per kg to close at Rs 66634 on Wednesday. Today it is showing a decline of Rs 200 per kg. However, the rate still remains above 66400.

Silver has strengthened by Rs 1840 per kg this week. On Monday, silver had closed at 64562.

Silver cheaper by Rs 13580 from its highest level

The highest level for silver is Rs 79,980 per kg. According to this, silver is also cheaper by Rs 13580 from its highest level. Today, May futures of silver are trading at Rs 66400 per kg.