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Buying gold in vaccine war becomes cheaper, know how much the price has come down


Buying gold in vaccine war becomes cheaper, know how much the price has come down 1

new Delhi. The first Pfizer report that the corona vaccine is up to 90 percent effective. Then came Modrna’s report that his vaccine was up to 94% effective. On Wednesday, Pfizer’s third trial report revealed that its vaccine was up to 95 percent effective. In this vaccine war, there is only one common thing that is falling in the price of gold and silver. Gold and silver have become cheaper this time as before. In India, gold has come down to 50 thousand rupees per ten grams. While the price of silver has come down significantly from 62 thousand. Let us also tell you how cheap gold and silver have become from New York to New Delhi.

Gold prices cheaper in Indian futures market
Gold has become cheaper after Pfizer’s second report. After the report of Indian futures market, gold has come down below 50 thousand rupees. Talking about the current time, gold is trading at Rs 50,045 per ten grams, falling by Rs 280 per ten grams at 12.40 pm. While Rs 49,934 per ten grams also went to the day’s low. Whereas today gold started with Rs 50,200. Whereas yesterday, Wednesday, the price had closed at Rs 50,325 per ten grams.

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Fall in the price of silver
On the other hand, talking about the price of silver, it has come down to 62 thousand rupees. Talking about the current price in the futures market, silver is trading down by Rs 823 per kg at Rs 61,789 per kg at 12.40 pm. While today silver is trading at Rs 61,363 per kg. Today silver opened at Rs 62,091 per kg. While the price of Rs 62,543 per kg was closed yesterday.

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Gold and silver also become cheaper in foreign markets
On the US market Comex, gold is trading at $ 1861 an ons, down by $ 12. While silver is trading at $ 24.23 an ons, down by one and a half percent. In London, gold is trading at a loss of 1406 lb. ons and silver at 18.18 lb. ons.

Also read: Corona virus effect, stock market collapses due to pressure in banking sector

What do you know
Anuj Gupta, deputy vice-president (commodity and research), Angel Broking, says that gold and silver prices are falling after the Corona vaccine update. He said that now not only America but other countries are also getting their report started. After that, the price of gold and silver may fall further.


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