Silver futures jump by 0.29% on MCX
On the Multi Commodity Exchange (MCX), the futures of the white metal grew by 0.29% on Friday to cost Rs.65,900 per kg. In the global market, the rate of the precious metal slipped by 0.06% to cost $25.2 per troy ounce.
Gold price in India was down compared to yesterday’s value and was trading at Rs.47,460. In the international market, the yellow metal experienced a growth of 0.18%. An ounce cost $1,816.7, which was 4.24% higher than the average gold price observed in the last 30 days. On the MCX, the rate surged by 0.26% to cost Rs.47,580 for every 10 grams. The dollar to rupee conversion improved compared to previous close and stood at Rs.74.8.
Silver futures fall by Rs.88 in India on 7 September 2021
Silver futures prices on MCX fell by Rs.88 or 0.13% and are at Rs.65,204 for a kg. In the global markets, silver prices jumped by 0.4% and were at $24.76 for an ounce. Like silver, gold prices fell in India as well. Gold futures prices on MCX fell slightly by 0.02% or Rs.8 and were at Rs.47,417 for 10 grams. Spot gold prices jumped by 0.2% and were at $1,826.75 for an ounce. Gold futures prices in the US fell by 0.3% and were at $1,828.00 for an ounce.
Silver trending at Rs.67,600 per kg
Silver price witnessed a drop of Rs.250 on Wednesday and was trending at Rs.67,500 per kg. The price of the yellow metal was also down. It recorded a decline of Rs.420 and 1`0 grams of 22-karat gold cost Rs.46,960 in Mumbai. In Delhi and Chennai, the rate charged was Rs.47,050 and Rs.45,330 respectively. In the global market, gold rates edged lower on Tuesday. Spot gold price fell by 0.2 percent to cost $1,809.79 per ounce while US gold futures settled 0.4 percent lower at $1,814.10 per ounce.
Gold price today at Rs 47,040 per 10 gm, silver trending at Rs 67,800 a kg
The cost of 10 gm of 22-carat gold dropped to Rs.47,040 per from Rs.47,190. The price of silver slid Rs.67,800 per kg.
The price of 22-carat gold In New Delhi was up Rs.47,150 per 10 gm, while in Chennai, it grew to Rs.45,460. The cost of 22-carat gold in Mumbai is Rs.47,040.
The price for 24-carat gold dropped to Rs.47,040 per 10 gm from Rs.48,190.
Silver, on Tuesday, went down by Rs.600 to Rs.67,800 from Rs.68,400 per kilogram on Monday.
In the global market, gold prices dropped due to a buoyant dollar offsetting a slump in Treasury yields to their lowest levels since February.
Spot gold dropped 0.2% to $1,807.59 per ounce. US gold futures slipped 0.3% at $1,809.20.
Silver rates fall in the national capital on 29 June 2021
Silver prices in the national capital fell by Rs.222 on 29 June 2021 and were at Rs.67,926 for a kg. In the previous session, the prices of the white metal closed at Rs.68,148 for a kg. In the international markets, the prices of silver traded flat and were at $26.02 for an ounce. Like silver, gold rates also fell in the national capital. Gold prices fell by Rs.89 and were at Rs.46,167 for 10 grams. The main reason for the fall in prices was a weak trend in the global markets. In the previous session, the prices of the yellow metal closed at Rs.46,256 for 10 grams. In the global markets, gold prices traded flat and were at $1,774 for an ounce.
Yellow metal slides, silver too falls
Price of gold on MCX dropped as they traded at Rs.49,022 per 10 gram, down from the previous close of Rs.49,124.
Silver prices also slipped at Rs.71,519 per kg.
Meanwhile on COMEX, gold price fell at around $1890 per ounce after a minor gain in the previous session. Globally, spot gold prices were down at $1,885.51 per ounce. Prices of US gold futures also dipped to $1,888.80 per ounce.
Gold prices record a marginal incline; silver prices drop
Gold futures for June delivery were trading higher on the Multi Commodity Exchange by 0.13% to hit an intraday high of Rs.48,013 per 10 grams. Silver prices, however, had declined on the MCX due to profit booking from investors.
24-karat gold was priced at Rs.47,850 per 10 grams in the spot market while 22-karat gold was priced at Rs.46,230 per 10 grams. Silver prices declined by 0.37% on the MCX and settled at Rs.70,835 per kg in the spot market.
In the international market, gold prices were holding steady with investors awaiting U.S. consumer price data. Spot gold was holding steady at $1,835.41 per ounce and silver prices showed a flat trend at $27.30 per ounce.
Gold rates dip by Rs.149 and silver prices by Rs.866
Gold rates dipped by Rs,149 and reached Rs.44,350 per 10 gram and had reflected overnight fall in global precious metal price. During the previous trade, it had closed at Rs.44,499 per 10 gram. Silver rates had reduced by Rs.866 and reached Rs.64,607 per kg, from Rs.65,473 per kg. In the international market, gold had been trading higher at $1,729 per ounce and silver was flat at $25.12 per ounce.