New Delhi. Gold is getting cheaper by one day. In such a situation, gold ie yellow metal (24 carat) has become cheaper by Rs 4,963 (9.89 percent) in the bullion market from January 1 this year. Today, the gold price in the country has almost reached a 10-month low. Due to which today gold futures on MCX was down by 0.11% and was trading at 45,500 per 10 grams. Let me tell you that this has fallen for the sixth time in the last seven days.
Gold and silver price
If we talk about silver with gold, silver futures remained flat at 69,216 per kg. While gold has become cheaper by about 11 thousand rupees in 10 months. Due to which gold reached a record level of Rs 56,200 in August 2020.
On Wednesday, the price of gold (GOLD) reached Rs 45,500 per 10 grams in Delhi Bullion Market. Which is the lowest level of 10 months. During the last trading session, gold had closed at Rs 44,760 per 10 grams in Delhi Bullion Market. On the other hand, spot gold fell 0.2% to $ 1,734.16 an ounce in the international market.
In delhi bullion market
There was no significant impact on silver prices on Wednesday. In this case, silver futures in Delhi bullion market remained flat at 69,216 per kg. The precious metal was down by Rs 1,847 to close at Rs 67,073 per kg in the previous trading session. In such a situation, silver slipped 0.3% to $ 26.67 an ounce in the international market today.
In this regard, International and Commodity at Capital Advisor Kshitij Purohit said that gold is still trending sideways. There will be no major change in its price and MCX Gold can remain at the level of 45600-45800.