Gold became cheaper by up to Rs 9500, Silver also lost Rs 4500 in a week

Gold-Silver Rate:  If you want to buy gold, then hurry, because gold rates have slipped below Rs 47,000 per 10 grams. In the last session, there was a big fall in gold futures. Gold broke up to Rs 1800 per 10 grams in 2 sessions itself. Silver prices have also come down significantly.

MCX Gold: The last two sessions have been very volatile for gold futures. On Thursday, gold closed with a big fall, on Friday also, profit-booking has been seen in gold futures in the last hours. Even today the prices are showing sluggishness. Gold is seen trading at Rs 46780 per 10 grams. Gold has now become cheaper by Rs 2800 from the high of Rs 49600 in the last three weeks.

Gold cheaper by about Rs 9500 from the highest level

Last year, due to the Corona crisis, people had invested heavily in gold, in August 2020, the price of 10 grams of gold on MCX reached the highest level of Rs 56191. Today gold is at the level of Rs 46780 per 10 grams on August futures MCX, that is, it is still getting cheaper by about Rs 9500.

MCX Silver: There is a continuous decline in silver futures since Thursday. Prices slipped below Rs 68,000 per 10 grams. Today silver futures are trading with a fall of Rs 200 per kg. Prices are trading around Rs 67400 per kg. Silver futures have become cheaper by about Rs 4500 since last week.

Silver cheaper by Rs 12600 from its all-time high

The all-time high of silver is Rs 79,980 per kg. Accordingly, silver is also cheaper by about Rs 12600 from its highest level. Today, July futures of silver are at Rs 67400 per kg.