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Gold Price Today: Gold remains in decline, spot and future both weak, check rate

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Gold Price Today: Gold remains in decline, spot and future both weak, check rate

Gold Prices Today: Gold Spot and Future Prices Fall.

New Delhi:

Gold-Silver Prices Today: There is a continuous decline in the prices of gold in the country. Recently, there is either a decline or a slight increase in gold trading. Recently, the spot demand for gold had increased, due to which the futures prices had gone up, but after Wednesday’s trading, the spot and futures prices of gold have registered a fall.

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If you look at the last few months, gold has become cheaper by about Rs 12,000 per 10 grams in the last seven months. The price of gold was Rs 56,200 per 10 grams in August 2020, which is a record high since then. But in the next few months, a steady decline in the prices of gold has been registered, after which gold has become cheaper by about 12,000 per 10 grams.

At the same time, if you look at the last one month, the price of 24 carat gold in Delhi on February 11, 2021 was 49,280 rupees per 10 grams, which has become 46,105 rupees on March 10, 2021.

If we talk about the latest figures, the price of gold in Delhi bullion market rose by Rs 112 to Rs 44,286 per ten gram on Wednesday, due to the fall in the value of the rupee. HDFC Securities gave this information.
In the previous trading session, gold had closed at Rs 44,174 per 10 grams. Silver also gained Rs 126 to Rs 66,236 per kg. The previous closing price of silver was Rs 66,110 per kg.

At the same time, traders cut their deals due to weak spot demand, due to which gold fell 0.28 per cent to Rs 44,732 per 10 grams in futures trade on Wednesday. On the Multi Commodity Exchange, the price of gold futures delivered in April fell by Rs 125, or 0.28 per cent, to Rs 44,732 per 10 grams. It traded for 11,228 lots.

(With input from language)

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