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3/9/21

Gold price will reach below Rs 44,000 / - Gold has become cheaper by Rs 5700 so far, find out today's price

 

Gold price will reach below Rs 44,000 / - Gold has become cheaper by Rs 5700 so far, find out today's price


At the beginning of the year 2021, gold was above Rs 50,000 per 10 grams, today the April gold futures on MCX are at Rs 44,300, so in 2 months, gold has become cheaper by Rs 6,000 per 10 grams. Gold broke the 46,000 level in the first two weeks, the 45,000 level last week and is now trading around 44,000. In the bullion market, gold has fallen by Rs 5,700 per 10 grams so far this year.


ગુજરાતી માં ન્યૂઝ વાંચો 


Gold's April futures on the MCX opened with a modest gain today after a sharp decline yesterday. It is currently trading at Rs 44,300 per 10 grams. Yesterday, gold fell more than Rs 460 to close at Rs 683 per 10 grams last week.



Last week's gold move (MCX April futures)

Gold

Monday: 45308 / 10g

Tuesday: 45,548 / 10g

Wednesday: 44,948 / 10g

Thursday: 44,541 / 10g

Friday: 44,683 / 10g



Gold is Rs 12,000 cheaper than the highest level

Corona caused people to invest openly in gold last year, with the price of 10 grams of gold hitting a high of Rs 56,191 on the MCX in August 2020. Gold returned 43% last year. If we compare the highest level, gold has broken down by 25%, gold is trading at Rs 44,300 per 10 grams on the MCX, so it is getting around Rs 12,000 cheaper.

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On Monday, tea May futures on MCX closed above Rs 65,850 with a modest increase of Rs 250 per kg. Today, prices also saw a modest increase, with silver softening by more than Rs 3,000 last week.


Last week's silver move (MCX March futures)



Monday: 67,422 / kg

Tuesday: 67,339 / kg

Wednesday: 66,113 / kg

Thursday: 65,476 / kg

Friday: 64,370 / kg


Silver is Rs 14,000 cheaper than its highest level



Silver is at an all-time high of Rs 79,980 per kg. According to this, silver is also cheaper by Rs 14,000 at its highest level. Today, silver March futures are trading at Rs 65,950 per kg.

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Gold-silver in the bullion market

The bullion traded at Rs 44,519 per 10 grams on Monday, compared to Rs 44,516 per 10 grams on Friday. That is why the silver rate in the bullion market was Rs 65,473 yesterday. It was Rs 65,128 on Monday.

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