Gold Price Today is getting faster. At the same time, there is a decline in silver prices today. On MCX, gold June futures rose by Rs 116, or 0.24 percent, to Rs 47469 per 10 grams. While silver has fallen by 0.46 percent to Rs 68,367 per kg. However, gold is still cheaper than its all-time high of Rs 9085 per 10 grams and in view of increasing cases of the corona, its price can touch the sky like last year.
According to market experts, gold prices can once again go to the level of 50 thousand. Explain that due to economic uncertainty due to an increase in transition, there may be a decline in bond yields, weakness in the dollar, and a rise in global demand for gold.
Today the price of 24 carat gold in the capital of the country is at the level of Rs 50430 per 10 grams. Apart from this, Rs 46020 in Mumbai, Rs 48580 in Chennai and Rs 49020 per 10 grams in Kolkata.
Gold rates have gone up due to weak dollar support in global markets. Spot gold was up 0.1 percent at $ 1,777. The dollar index was up 0.13 percent at 91.66. Let it be known that it was near a one-month low. Among other precious metals, silver fell 0.6 percent to $ 25.81 an ounce while platinum was at $ 1,203.61.
Let us tell you that during the Corona period, investors have made a lot of purchases in gold. In the last financial year 2020-21, gold imports increased by 22.58 percent to reach $ 34.6 billion or Rs 2.54 lakh crore. According to the data, silver imports fell by 71 percent to $ 791 million during the financial year.