Gold Prices today: Gold emerging from decline, silver also shines.
New Delhi:
Gold Price Today: Precious yellow metal gold has seen a significant decline since the beginning of the year. Since the beginning of 2021, gold has become cheaper by more than Rs 3,000. But for the last two trading sessions, gold is seen to be strong. A positive trend is being seen in the gold-silver trade on Wednesday.
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Gold rose by Rs 337 to Rs 46,372 per ten gram in the bullion market on Tuesday amid strong trend in global markets. On Monday, gold had closed at Rs 46,035 per ten grams.
Similarly, silver also rose by Rs 1,149 to Rs 69,667 per kg. It closed at Rs 68,518 per kg in the previous trading session. In the international market, gold was at $ 1,808 an ounce and silver at $ 28.08 an ounce.
However, Gold Future has seen a decline in trading on Tuesday. The spot demand behind this is believed to be weak. Due to weak demand, traders closed their deals, due to which gold fell 0.12 percent to Rs 46,845 per 10 grams in futures trade on Monday.
At the Multi Commodity Exchange, the price of gold contract for delivery in April fell by Rs 56, or 0.12 per cent, to Rs 46,845 per 10 grams. It traded for 12,987 lots. Globally, gold was trading up 0.10 percent at $ 1,810.20 an ounce in New York.
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