Gold is getting cheaper by Rs 7600, prices decreased by Rs 900 this month in the bullion market

Gold-Silver Price: Gold and silver prices are showing an upward trend today. However, on Tuesday, gold and silver closed with weakness. Silver prices had broken up to 1%. So far, gold has become cheaper by Rs 900 per 10 grams in the bullion market.

MCX Gold: Today, August futures on MCX have started with a slight increase. Gold is currently trading with a strength of Rs 120 per 10 grams. On Tuesday, gold was trading with good gains throughout the day, but suddenly selling dominated in the last hour. Gold had climbed up to Rs 48730 in intraday.

Gold cheaper by about Rs 7660 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 48540 per 10 grams on August futures MCX, that is, it is still getting cheaper by about Rs 7600.

MCX Silver: On Tuesday, there was a strong fall in the July futures of silver. Silver futures closed with a fall of Rs 600 per kg. But today it has returned and it is trading above Rs 71600 with a rise of Rs 370 per kg.

Silver cheaper by Rs 8500 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 8500 from its highest level. Today, July futures of silver are at Rs 71500 per kg.

gold and silver in bullion market

There has not been much change in the prices of gold in the bullion market, today gold has opened at Rs 48529 per 10 grams, while yesterday the rate was Rs 48598. Silver has become expensive in the bullion market, today the rate of silver is Rs 71390 per kg, while yesterday the rate was Rs 71202. In the month of June, gold has become cheaper by about Rs 900 per 10 grams so far. On June 1, gold was being sold in the bullion market at Rs 49422.