Gold Price Today: On MCX, gold June futures are up by Rs 116 or 0.24 per cent to Rs 47469 per 10 grams. While silver has fallen by 0.46 per cent to Rs 68,367 per kg.
According to market experts, the price of gold can once again go to the level of 50 thousand. Let us tell you that with the rise of the transition, economic uncertainty can be seen, the decline in bond-yields, weakness in the dollar and the rise in global demand for gold can be seen.
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24 carat gold priceToday 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.
Global market gold-silver situation
Gold rates rose on the back of a weaker dollar in global markets. Spot gold was up 0.1 per cent 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 per cent to $ 25.81 an ounce while platinum was at $ 1,203.61.
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Investors bought a lot of gold during the coronation
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 per cent to reach $ 34.6 billion or Rs 2.54 lakh crore. According to the data, silver imports declined by 71 percent to $ 791 million during the financial year.