There has been a fall in the price of gold today.
Gold futures on MCX are trading 0.61 percent down at Rs 48,588 per 10 grams. At the same time, the futures price of silver is Rs 71,784 per kg.
New Delhi: Gold prices continue to fall again today. If you also want to buy gold jewellery, then at this time you have a good chance. Gold futures on MCX are trading 0.61 percent down at Rs 48,588 per 10 grams. At the same time, the futures price of silver is Rs 71,784 per kg. In the previous session, gold had seen a fall of about 0.65 percent. At the same time, there was a rise of 0.3 percent in silver (Silver Price today).
In India, gold had hit a five-month high of Rs 48,700 earlier this month and since reaching this level, gold prices have seen a decline. Gold is seeing a decline amid weak global cues.
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Fall in international marketTalking about the price of gold in the international market, the price of gold here was down 0.6 percent at $ 1,864.58 an ounce. This is the lowest in a week. The results of the Federal Reserve policy meeting are also going to come later this week.
24 carat gold price
On June 14, 2021, the rates of 24 carat gold are different in all cities. The price of 10 grams of gold in the country’s capital New Delhi is Rs 52180. Apart from this, it is Rs 50230 in Chennai, Rs 48470 in Mumbai, Rs 51180 in Kolkata, Rs 49880 in Bangalore and Rs 49880 per 10 grams in Hyderabad.
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Anuj Gupta gave buying advice
Anuj Gupta of IIFL Securities also says that the outlook for gold remains positive from medium and long term perspective. Investors should maintain a buying strategy on the downside. Anuj Gupta says that by Diwali in the domestic market, gold prices can touch the level of Rs 53,500. He said that after July 15, 2021, a rally in gold can be seen, which can remain at its peak from Diwali till the end of this year.