There is a slowdown in gold, but gold future will make investors happy
In the domestic market, there is a slowdown in gold for the last two-three sessions. In the last trading session, the yellow metal saw a rise of only Rs 9. However, there is a strong trend in gold on the global level. Gold is running around 47,000 in the bullion market of the capital Delhi. Gold rose marginally by Rs 9 to Rs 46,991 per 10 grams in the Delhi bullion market due to a strong global trend and fall in the value of the rupee till the market closed on Thursday. However, silver has seen a big decline. The price of the metal has come down by Rs 902 to Rs 67,758 per kg.
Rise in Gold Future
Good growth is also being seen in Gold Future, while Silver is also seeing a decline in the futures market. According to GoldPrice.org, gold has gained 0.13 percent on MCX at 9.13 am Indian time today and the metal is at the level of 1805.76. At the same time, silver has declined by 0.91 percent and silver is at the level of 25.91.
According to the last session, the price of gold rose by Rs 448 to Rs 47,747 per 10 grams in the local futures market on Tuesday. On MCX, gold for delivery in August rose by Rs 448, or 0.95 per cent, to Rs 47,747 per 10 grams.
IBJA rates
If you look at the rate of India Bullion and Jewelers Association Limited ie IBJA, then the price of gold with the last update is like this- (These prices are given per gram without GST charge)
999 (purity) – 48,324
995- 48131
916- 44,265
750- 36,243
585- 28,270
Silver 999- 69,042