Gold trades higher and silver reaches Rs.67,000
Gold futures on the MCX had been 0.39% (Rs.186) and reached Rs.47,763 per 10 gram. Silver futures had also traded with a gain of 1.17%, Rs 774, and reached Rs.67,164 per kg. In the spot market, golds highest purity was sold at Rs.47,761 per 10 gram and silver was at Rs.66,386 per kg.
29 July 2021
Gold priced at Rs.46,980 per 10 gm while silver priced at Rs.69,000 per kg
The price of 22-carat-gold had a marginal increase of Rs.10 to jump to Rs.46,980 per 10 gm while silver prices decreased substantially by Rs.1,000 to settle at Rs.69,000 per kg. In New Delhi, 22-carat gold was priced at Rs.46,800 while it was Rs.45,500 in Chennai and Rs.46,980 in Mumbai. The price of 24-carat gold had a marginal rise too of Rs.10 to settle at Rs.47,980 per 10 gm. In the international markets, spot gold was trading at $1,787.30 per ounce while U.S. gold futures were trading at $1,773.40 per ounce.
12 July 2021
Silver futures gain 0.21 percent on MCX
On Monday, silver futures were up by Rs.145 or 0.21 percent on the Multi Commodity Exchange (MCX) to cost Rs.68,018 per kg. In the global market, the price of the white metal remained steady at $26.07 per ounce. It needs to be mentioned here that according to the Indian Bullion and Jewellers Association, silver was priced at Rs.68,467 on Friday in the spot market.
Gold prices also inched higher on Monday as the US dollar eased and tamer-than-expected US inflation data allayed fears of an early monetary policy tightening by the Federal Reserve. On the MCX, gold futures were up by 0.10 percent or Rs.47 which saw 10 grams cost Rs.46,973. In the international market, spot gold and US gold price also shot up by 0.1 percent each and was trading at $1,781.19 and $1,780.30 per ounce respectively. It needs to be mentioned here that on Friday, highest purity gold was sold for Rs.47,205 in the spot market.
28 June 2021
Yellow metal tops Rs 47,200, silver trades flat
Prices of gold rose after the dollar took a breather, increasing demands for the safe-haven metal, ahead of US Federal Reserve Chairman Jerome Powells testimony to Congress later in the day. The precious metal ticked up due to global cues. Gold futures on MCX rose 0.27% or Rs.126 at Rs.47,200 per 10 grams. Silver futures dropped 0.03%or Rs.17 to Rs.67,745 per kg. In the spot market, highest purity gold was being retailed at Rs.47,161 while the cost of silver was Rs.67,922. Spot gold rose 0.1% at $1,784.83 per ounce. U.S. gold futures also grew 0.1% at $1,783.90 per ounce. Silver increased 0.6% at $25.95 per ounce, palladium grew 1% to $2,490.93, while platinum climbed 0.4% to $1,037.89.
22 June 2021
Yellow metal trades flat at Rs.47,800, Silver nears Rs.72,000
The price of gold moved to a three-month high after a poor US job data rose hopes of interest rates being stable.
Gold futures on MCX rose 0.09% or Rs.49 at Rs.47,794 per 10 grams. Silver futures grew 0.80% or Rs.568 to Rs.71,997 per kg.
Spot gold grew 0.1% cent at $1,831.72 per ounce. US gold futures rose 0.2% at $1,834.00 per ounce.
Palladium prices went up 0.3% to $2,934.58 per ounce. Silver gained 0.8 per cent to $27.65 per ounce, while platinum was up 0.6 per cent at $1,256.47.
10 May 2021
Silver rates jump by Rs.675 in Mumbai on 3 May 2021
Silver rates in Mumbai jumped by Rs.675 on 3 May 2021 and were at Rs.68,475 for a kg. Like silver, gold rates jumped in Mumbai as well. Gold prices jumped slightly and were at Rs.46,900 for 10 grams. Last week, gold rates fell by 2.12% in Mumbai due to the value of the rupee against the dollar increasing. In the international markets, spot gold prices jumped and were at $1,779.89 for an ounce. According to a Senior Analyst from HDFC Securities, gold prices remained firm in India due to a weak dollar.
03 May 2021
Rate of gold falls by Rs.455; silver prices decline
In the domestic markets, gold prices declined by Rs.455 to Rs.47,351 per 10 grams in Mumbai due to the appreciating value of the rupee along with a mute trend in the international market. However, the rise in COVID-19 cases has supported gold prices.
The price of 22-karat gold in Mumbai was Rs.43,374 per 10 grams while 24-karat gold was priced at Rs.47,351 per 10 grams. Gold prices touched an intraday high of Rs.47,650 per 10 grams and a low of Rs.47,253 per 10 grams on the Multi Commodity Exchange.
Silver prices in the country also declined by Rs.727 to Rs.68,425 per kg. In the international market, spot gold declined by $6.37 to $1,770.73 per ounce.
27 April 2021
Silver futures expected to drop by 1%; gold prices trading flat in the market
April futures on the Multi Commodity Exchange for gold were trading flat due to a mute trend seen in the international values. Silver futures for May delivery declined by more than 1%.
The U.S. dollar was trading stronger in the market due to socio-economic factors in Turkey which led to investors shifting to the dollar value. On the Multi Commodity Exchange, gold contracts for April were trading lower by 0.10% to Rs.44,975 per 10 grams. Silver futures were trading lower by 1.4% at Rs.66,571 per kg.
24 March 2021
Yellow metal and silver record continuous declines in the domestic market
The price of gold and silver have been consistently declining since the announcement of the Union Budget 2021. Gold prices, however, had seen an incline on 5 February by Rs.550. On 4 February, the price of gold had dipped to below the Rs.47,000 per 10-gram mark.
Silver prices also saw a marginal drop in the market where on 1 February, the price of the metal was above Rs.74,000 per kg but by 4 February, the price had fallen to Rs.66,800 per kg.
In Delhi, the price of gold was Rs.50,420 per 10 grams and silver was Rs.68,700 per kg. Gold prices in Kolkata was Rs.47,150 per 10 grams and silver was steady at Rs.68,700 per kg.
07 February 2021
Silver prices rebound after a plunge
There was a rebound in silver prices on 3 February 2021 after decreasing by 8% in the previous session. Spot silver increased by 1.4% to settle t $26.98 per ounce. Prices hit $30.03 on 1 February 2021, which was its highest since February 2013.
03 February 2021
Gold prices see a drop of Rs.1,000 while silver prices show steady inclines
Gold prices in the previous week had increased in the market due to a positive trend seen in the international market. Gold futures on the Multi Commodity Exchange increased marginally by 0.8% to Rs.49,330 per 10 grams.
Silver prices as well increased by 3.2% to Rs.69,765 per kg due to a positive trend seen in the market. However, in the global markets, silver prices had increased by 4.7% to $27.06 per ounce. Gold prices had a lower rise by 0.4% to $1,849.8 per ounce.
In India, silver prices had seen a jump of around Rs.3,000 per kg in a matter of 2 days due to the surge in the international market
01 February 2021
Gold declines Rs.109; silver drops Rs.146
Prices of gold on Thursday dropped Rs.109 to Rs.48,183 per 10 gram following muted global trends. Silver prices slumped Rs.146 to Rs.65,031 per kg in the previous trade.
In the international market, gold dropped $1,840.79 per ounce, while silver remained flat at $25.12 per ounce.
28 January 2021
Gold rates fall to its lowest in the month; silver prices hold steady
Gold prices in the country saw a marginal decline for the third consecutive day while silver prices held steady. On the Multi Commodity Exchange, the price of the metal dipped by 0.14%. According to sources, the value of 22-karat gold fell to Rs.48,130 per 10 grams compared to its previous closing price of Rs.52,420 per 10 grams.
Silver prices increased marginally by 0.3% to Rs.64,984 per kg. In the previous session, gold prices had dipped Rs.500 and silver prices had fallen substantially by Rs.1,700 per kg.
The value of 22-karat gold in Delhi was Rs.48,130 per 10 grams and Rs.47,890 per 10 grams in Mumbai. In Chennai, the metal’s price was Rs.46,070 per 10 grams.
18 January 2021
Gold and silver prices crash
The prices of gold and silver dropped sharply in Indian markets, due to a slump in global rates as higher US bond yields and a rebound in US dollar created pressure on the precious metal. On MCX, February gold futures dropped Rs.2,050 to Rs.48,818 per 10 gram on Friday while silver futures fell Rs.6,100 or 8.8% to Rs.63,850 per kg.
In global markets, spot gold fell 3.4% to settle at $1,849.01 an ounce, its first weekly decline in six weeks. Silver slipped 6.3% to $25.4234 an ounce after falling as much as 9.8%.
12 January 2021
Gold rate shows a flat trend while silver prices climb
Gold prices in the country showed a flat trend with the positive trend seen in the international market due to a weaker dollar. The silver rate also increased by 1%.
Gold futures dipped marginally by 0.03% to Rs.50,025 per 10 grams compared to its previous closing price of Rs.50,039 per 10 grams. Silver futures were trading higher by 0.65% at Rs.68,537 per kg.
In the international market, the price of gold showed a higher trend as the value of the dollar dipped in the market. Spot gold increased by 0.3% to $1,883.88 per ounce and gold futures had increased by 0.2% at $1,887.40 per ounce.
04 January 2021
Gold price today at Rs 51,610 per 10 gm, silver trending at Rs 67,600 a kg
Prices of gold today rose Rs.51,610 from Rs.51,600 per 10 gm, while silver traded at Rs.67,600 per kg.
The price of gold in New Delhi for a 22-carat is Rs.48,790 per 10 gm, while in Chennai it dropped to Rs.47,310. In Mumbai, the price was Rs.48,730. The price of 24-carat gold in Chennai was recorded to be Rs.51,610 per 10 gm.
Consumers in India avoided purchasing gold due to Khar Mass, a period from 15 December to 14 January, considered to be inauspicious.
28 December 2020
Silver and gold prices show a negative trend in the market
22-karat gold and 24-karat gold has seen a drop in price by Rs.50 on 10 December. The price of 22-karat gold was Rs.48,300 per 10 grams ad 24-karat gold was priced at Rs.49,300 per 10 grams. In Delhi, the gold rate increased by Rs.10. 22 karat gold was priced at Rs.48,770 per 10 grams and 24-karat gold was priced at Rs.53,200 per 10 grams.
The gold rate had increased in Kolkata by Rs.1,470 to Rs.49,030 per 10 grams and 24-karat gold increased to Rs.51,370 per 100 grams.
In Chennai, 22-karat gold priced at Rs.48,840 per 10 grams and 24-karat gold were at Rs.51,100 per 10 grams. In the international market, an ounce of gold was $1,839.60 per ounce.
Silver prices dipped by Rs.11 to Rs.644 per 10 grams. In Delhi, silver was priced at Rs.64,400 per kg and was Rs.68,000 per kg in Hyderabad.
11 December 2020
Silver prices trending at Rs.63,900 per kg; gold prices record an incline
Gold prices increased on 7 December to Rs.52,650 per 10 grams and silver prices were trading at Rs.63,900 per kg. The price of gold had increased by almost Rs.100 from its previous closing price at Rs.51,640 per 10 grams.
In Delhi, the price of 22-karat gold was Rs.48,060 per 10 grams and in Chennai, gold was priced at Rs.46,530 per 10 grams. On the Multi Commodity Exchange, the price of the metal was 49,340 per 10 grams and 24 karat gold was Rs.50,760 per 10 grams.
07 December 2020
Gold prices today fall, a day after big jump; silver rates drop
Prices of gold and silver in Indian markets fell today amid weak global cues. On MCX, February gold futures dropped 0.24% to Rs.48,449 per 10 gram while silver slipped 1% to Rs.62,559 per kg. The precious metals had seen a sharp growth in the previous session. Gold surged 1.4% or Rs.700 per 10 gram while silver had rose about Rs.3,000 per kg. Gold has been on a downward trend since hitting a high of Rs.56,200 in August.
Among other precious metals, silver dropped 0.5% to $23.89 an ounce, while platinum fell 0.6% to $994.00 and palladium was down 0.4% at $2,397.00.
03 December 2020
Silver prices hold steady; gold prices record marginal incline
Gold prices increased marginally by Rs.10 from Rs.50,890 per 10 grams to Rs.50,990 per 10 grams. Silver prices were trading at RS.62,300 per kg.
In New Delhi, the price of 22-karat gold increased by Rs.10 to Rs.49,160 per 10 grams and in Chennai, the price of the metal was Rs.47,610 per 10 grams, increasing by Rs.10. However, in Mumbai, the rate of the metal fell by Rs.40 to Rs.49,850 per 10 grams.
On the Multi Commodity Exchange, gold futures for December delivery increased by 0.54% to Rs.50,260 per 10 grams. Silver futures showed an incline of 1.22% to Rs.62,260 per kg.
22 November 2020
Gold prices drop by Rs.300; silver prices record a decline
Gold futures for December were trading lower by 0.6% at Rs.50,460 per 10 grams. The price of the precious metal was down by Rs.306. Spot gold price in Delhi was Rs.51,500 per 10 grams.
In the international market, December gold futures were trading at $1,876.2 per ounce and was down by $8.9.
Silver futures for December was trading at Rs.62,959 per kg and recorded a decline of 0.4% when compared to its previous closing price. The price of the metal dipped by Rs.309 and investors may look to sell the metal at Rs.63,300 per kg.
The silver price in Delhi was Rs.63,500 per kg and in the international market, silver prices were trading at $24.23 per ounce.
18 November 2020
Gold rates remain steady at Rs.50,702 and silver price rise
Gold rates had remained flat at Rs.50,702 per 10 gram in the city of Mumbai. This was due to the sluggish international market and the depreciation of the Indian Rupee. The price of 10 gram of 22-carat gold in Mumbai had been Rs.46,443 plus 3% GST. 24-carat 10 gram gold was being sold at Rs.50,702 plus the GST. The price of 18-carat gold was Rs.38,027 plus GST.
The price of gold saw a drop in prices due to hope for a new vaccine.
13 November 2020
Silver and gold prices decrease substantially
Gold rates dipped substantially by Rs.662 to Rs.50,338 per 10 grams in New Delhi on 10 November 2020. In the previous session, the metal had closed at Rs.51,000 per 10 grams. Silver prices also decreased by Rs.1,431 to Rs.62,217 per kg.
The dip in prices may result in higher buying during Dhanteras according to various sources. In the international market, gold prices are trading at $1,886 per ounce and silver prices at $24.31 per ounce.
The price of gold saw a drop in prices due to hope for a new vaccine.
12 November 2020
Gold and silver prices increase ahead of Diwali in the country
On 9 November, the price of gold increased after a surge in the international market. On the Multi Commodity Exchange, gold rate in India increased to Rs.52,157 per 10 grams. Silver prices, as well, followed suit and increased to Rs.65,326 per kg.
The value of 22-karat gold in Chennai was Rs.48,875 per 10 grams and Rs.53,165 per 10 grams for 24-karat gold. In Mumbai, the metal’s price was Rs.51,882 per 10 grams for 24-karat gold and Rs.50,872 per 10 grams
In the National Capital Region, the price of 22-karat gold was Rs.50,135 per 10 grams and Rs.54,625 per 10 grams.
9 November 2020
Silver futures increase tracking high spot demand
The silver rates had risen by Rs.712 and reached Rs.61,577 per kg for the futures trade This is because all traders had widened their bets over a strong spot demand. When it comes to the Multi Commodity Exchange, the December silver contracts delivery had increased by Rs.712 (1.17%) and stood at Rs.61,577 per kg.
3 November 2020
Gold prices today at Rs 54,120 per 10 gm, silver trends at Rs 63,000 a kg
Price of gold prices today grew marginally to Rs.54,120 from Rs.54,100 per 10 gm yesterday, while silver was traded at Rs.63,000 per kg.
On the MCX, December gold futures dropped 1.11% to Rs.50,764 per 10 gm, while silver December futures traded at Rs.62,698 per kg.
Price of gold slipped Rs.95 to Rs.51,405 per 10 gram in New Delhi on Thursday due to a weak global trend and depreciation in the value of rupee, according to HDFC Securities. Spot gold dropped 1.2% to $1,901.16 per ounce, and U. S. gold futures fell 1.4% to $1,902.80.
25 October 2020
Gold and silver prices drop marginally in the national market due to international trends
Gold and silver prices dropped in the futures market due to a decline in the price of gold in the international market. On the Multi Commodity Exchange, gold futures dipped by 0.45% to Rs.51,100 per 10 grams. Silver futures declined by 1.2% to Rs.62,847 per kg.
Gold and silver had increased in the previous session on the Multi Commodity Exchange by 0.7%. In the international market, gold traded lower due to uncertainties over the stimulus package to be released by the U.S. Federal Reserve.
Spot gold dipped by 0.2% to $1,920.86 per ounce and silver prices dipped as well by 0.4% to $24.96 per ounce.
21 October 2020
Gold prices facing resistance due to U.S. dollar value; silver prices increase
After a sharp fall in gold prices on 13 October 2020, the price of the metal today was seen struggling in the markets. On the Multi Commodity Exchange, the gold futures for December were up by 0.1% to Rs.50,343 per 10 grams. On the other hand, silver prices increased by 0.3% to Rs.60,738 per kg.
In its previous session, gold prices had decreased by Rs.850 and silver prices had fallen by more than Rs.2,500. A strong dollar value had affected the price of the yellow metal and in the international market, gold prices remained steady at the $,1900 per ounce levels.
Spot gold was trading at $1,892.80 per ounce after a decline in the previous session by 1.6%. Silver prices increased by 0.2% to $24.22 per ounce.
13 October 2020
Silver price trends at Rs.61,000 per kg
Silver was trending at Rs.61,000 per kg on Friday while gold rates slipped. For every 10 grams of the yellow metal, Rs.53,340 was charged after the rates fell by Rs.520. On the Multi Commodity Exchange (MCX), October gold futures increased by 0.25 percent and was trading at Rs.50,175 for every 10 grams. Silver December futures were trading at Rs.60,519 per kg. In the international market, gold was quoted at $1,891 per ounce while silver was trading at $24 per ounce. It must be noted her that the price of gold jewellery varies across the country due to factors like excise duty, state taxes and making charges.
9 October 2020
Marginal decline seen in gold prices; silver plummets by Rs.201
Gold prices dropped marginally to Rs.51,372 per 10 grams, declining by Rs.26 in New Delhi as the weak global trend of the metal continued amidst rupee appreciation. Gold rates in its previous session had closed at Rs.51,398 per 10 grams.
Silver prices dipped by more than Rs.200 to Rs.62,241 per 10 grams compared to its previous closing price of Rs.62,442 per 10 grams. The value of the rupee settled at 10 paise higher against the dollar at 73.76 and was supported by a positive trend in the domestic equities market.
In the international market, gold was trading lower at $1,887 per ounce and silver was at $22.70 per ounce.
1 October 2020
Prices of silver remain stable in India on 29 September 2020
Silver futures prices on MCX remained stable in India and are at Rs.60,680 for a kg. In the international markets, the prices of the white metal gained by 2.78% and are at $23.60 for an ounce. Spot gold prices in India increased by Rs.10 and are at Rs.49,260 for 10 grams. In the global markets, the prices of spot gold increased and are at $1,883.70 for an ounce. Spot gold prices increased by 0.14%. The prices of 24 karat gold are at Rs.49,260 for 10 grams.
29 September 2020
Silver rates jump to Rs.69,000 for a kg on 17 September 2020
Silver futures prices for the month of December on MCX were at Rs.68,781 for a kg on 17 September 2020. Silver prices declined by Rs.517 and were at Rs.70,553 for a kg. In the previous session, the prices of silver were at Rs.71,070 for a kg. Gold rates were reduced and were at Rs.54,980 for 10 grams. In the previous session, the prices of gold closed at Rs.55,030 for 10 grams. Gold prices in India vary from state-to-state due to making charges, state taxes, and excise duty. Gold futures prices for the month of October increased by 0.11% and were at Rs.51,824 for 10 grams.
17 September 2020
Gold price remains flat and silver prices reach Rs.70,000
Gold price had been flat amid mixed global markets as the U.S. dollar had weakened ahead of European Central Banks monetary policy decision. On the MCX, gold futures rose 0.32% (Rs.166) to Rs.51,568 per 10 grams. The silver futures on the MCX had increased by 0.87% (Rs.593) to Rs.69,036 per kg.
Gold prices are still down to Rs.5,000 per kg from record highs of Rs.56,200 last month. The silver prices are down over Rs.10,000 per kg in a month.
In the spot market, the gold price had risen by Rs.287 to Rs.52,391 per 10 gram.
14 September 2020
Gold price today at Rs 54,110 per 10 gm, silver trends at Rs 65,600 a kg
Prices of Gold today dropped to 54,110 from Rs.54,600 per 10 gram a day before, while silver fell to Rs.65,600 from Rs.67,200 per kg, according to a report by Good Returns website.
In New Delhi, the price of 22-carat gold rose to Rs.49,600 per 10 gram, and in Chennai to Rs.48,770. In Mumbai, the price was Rs/49,340. The price of 24-carat gold in Chennai traded at Rs.53,200 per 10 gm.
On MCX, October gold futures dropped by 0.16% to Rs.50,742 per 10 gram. Silver September futures stayed at Rs.64,717 per kg.
Gold had closed at Rs.52,529 per 10 gram here previously. Prices of silver also dropped Rs 1,908 to Rs.69,176 per kilogram from Rs.71,084 per kilogram in the previous trade.
In the international market, gold traded lower at $1,934 per ounce, while silver was remained flat at $27.24 per ounce.
7 September 2020
Silver prices reduce to Rs.66,700 for a kg on 25 August 2020
Silver futures prices for the month of September were reduced and were at Rs.65,569 for a kg. Similar to silver, the prices of gold reduced from Rs.55,610 for 10 grams to Rs.55,310 for 10 grams. The prices of the yellow metal in India vary from state-to-state due to making charges, state taxes, and excise duty. Gold futures prices for the month of October on MCX fell by 1.44% and were at Rs.51,269 for 10 grams. In the previous session, the prices of the yellow metal closed at Rs.53,084 for 10 grams.
25 August 2020
Silver value increase by 3% and settles at the Rs.68,000 per kg range
Silver futures in the country rose by more than 3% on 17 August tracking positive cues from the international market. On the Multi Commodity Exchange, silver futures for September delivery was trading at Rs.69,300 per kg at its strongest level. The value of the metal higher by more than Rs,2,000 compared to its previous close of Rs.67,171 per kg.
Silver futures had settled at Rs.69,080 per kg for the day and had started on a negative trend, falling to Rs.52,113 per kg during the morning session. However, it recovered its early losses after an hour and a half of trade.
In the international market, silver prices increased by 1.5% to $26.81 per ounce and spot gold was trading higher by 0.3% at $1,949.09 per ounce.
17 August 2020
Gold prices hold steady; silver prices surge
Gold prices were holding steady at Rs.52,701 per 10 grams on 14 August due to a mute trend in the international market amidst a weaker dollar. Silver prices, on the other hand, increased to cross the Rs.67,000 per kg mark at Rs.67,439 per kg.
In New Delhi, the value of 22-karat gold increased and was Rs.51,150 per 10 grams and 24-karat gold was Rs.55,900 per 10 grams. In Chennai, the rate of 24-karat gold was Rs.55,500 per 10 grams and 22-karat gold was priced at Rs.51,050 per 10 grams.
On the Multi Commodity Exchange, gold futures for October hit the Rs.52,823 per 10 grams mark, rising by 1% while silver futures for delivery in September surged by 6% and hit the Rs.70,000 per kg mark at Rs.70,690 per kg.
In the international market, gold prices had increased marginally by 1% and still recovering from an almost 3-week low in the previous session. Spot gold was priced at $1,947.08 per ounce.
14 August 2020
Gold rate edges to the Rs.55,000 per 10-gram mark; silver prices hit a new record
On the Multi Commodity Exchange, gold futures hit a new record high on 5 August after it neared the Rs.55,000 per 10-gram levels. The metal’s price for October contracts was at Rs.54,910 per 10 grams which was higher by Rs.297 compared to its previous closing price.
The surge in gold prices was majorly due to economic uncertainty as the United States Federal Reserve was expected to release additional stimulus packages to tackle the COVID-19 pandemic and its effect on the economy. Apart from this, a weak dollar also boosted gold prices.
September contracts for silver also touched a high of Rs.70,223 per kg on the Multi Commodity Exchange and was trading higher by Rs.332 compared to its previous closing price.
7 August 2020
Silver rates fell on Thursday and was trading at Rs.65,060 per kg
The price of silver slipped in the country on Thursday. Silver September futures was trading at Rs.65,060 per kg after falling by Rs.294. It had hit a lifetime high of Rs.67,560 per kg last week. In the global market, the futures of the white metal were down by 0.9% and was trading at $24.20 per ounce.
Gold prices also eased in the country on profit booking for the second session on Thursday. On the Multi Commodity Exchange (MCX), gold August futures were trading at Rs.53,020 for every 10 grams after the rates slipped by Rs.19. In the international market, Comex gold was trading at $1,957 per ounce after increasing by 0.21 percent. Spot gold was down by 0.3 percent to cost $1,964.70 per ounce while US gold futures rose by 0.3 percent to cost $1,959.20. It must be noted here that gold prices have increased by over 28% so far this year.
30 July 2020
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