new Delhi. In the last four days, there is a pressure in gold and silver price from foreign markets to domestic markets. Where gold (Gold Rate Today) has become cheaper by Rs 2300 per ten grams. While the silver price has fallen by about Rs 3900 per kg. At the same time, there is pressure in the price of gold and silver in foreign markets. In fact, updates on the Corona vaccine are creating confidence in investors, in such a situation, they are investing in equity markets instead of gold. This is the reason why there is a period of decline in the price of gold and silver.
Gold and silver prices in foreign markets
First of all, in the foreign markets, the pressure on the price of gold and silver continues. Gold is trading at around $ 7 an ons weakness on Comex, with a decline of $ 1940 per ons. On the other hand, when talking about the price of silver, it is trading flat at $ 27.29 an ons. In London, gold is trading at 1469 pounds per ounce, down by about 5 pounds per ons. At the same time, the price of silver is trading flat at 20.54.
Gold and silver prices in domestic markets
First of all, in the futures market, gold is trading down by Rs 313 per ten grams at Rs 51,838 per ten grams in the futures market at 3.15 pm. Whereas today gold opened marginally by 10 rupees to 52160 rupees per ten grams. Talking about silver, at 3.15 pm, silver is trading at a slight rise of Rs 55 to Rs 67,650 per kg. Whereas today silver opened with a gain of about one thousand per kilogram.
How much gold has become cheaper in four days
Talking about the last four days, there has been a big fall in the price of gold. If you look at the figures obtained by the futures market MCX, on August 18, the highest level of gold was Rs 53,999 per ten grams. Whereas today, on August 21, gold went down by Rs 51,704 in the trading session. If we see the difference between these two, then 2295 has been seen. That is, gold has become cheaper by Rs 2300 per ten grams during this period. At the same time, on August 18, the highest level was seen at Rs 71,350 per kg. Whereas today silver went to the level of Rs 67,450 per kg. That is, the price of silver has become cheaper by Rs 3900 during ten days.