In Wednesday's trade, gold was seen trading at Rs 47,609 per 10 grams on MCX, up by Rs 148, or 0.31 percent. Whereas silver has seen a decline.
New Delhi: After seeing a slowdown in yesterday's trading on the Multi Commodity Exchange (MCX), gold prices have seen a rise today. The price of gold futures with an expiry date of August 5, 2021, saw a rise. On the other hand, there has been a decline in silver.
In Wednesday's trade, gold was seen trading at Rs 47,609 per 10 grams on MCX, up by Rs 148, or 0.31 percent. Yesterday, the price was seen at Rs 47,446 per 10 grams, and a marginal decline of 0.03 percent or Rs 12 was recorded. Apart from this, silver has seen a decline today. In Wednesday's trade, there has been a fall in the price of silver futures with an expiry of September 3, 2021, on MCX. Silver was seen trading at Rs 66,216 per kg with a fall of Rs 905 or 1.35 percent.
In the international market too, there is a trend of increase in the prices of spot gold. Today it has seen an increase of 0.18 percent and its rate has been recorded at $ 1816.7 per ounce. This is 4.24 percent more than the average price of gold in the last 30 days. Apart from this, silver prices have fallen by 0.06 percent today and its rate was $ 25.2 per troy ounce today.
Talking about the global level, on Wednesday, prices were close to the level of $ 1800 per ounce. According to the report, investors are eagerly waiting for the meeting of the US Federal Reserve to signal on policy tapering plans. Spot gold was at $1,798.75 an ounce and US gold futures were down 0.1 percent at $1,798.20 an ounce.
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