MCX Gold Price Today, 8 April 2021: Gold is trading in a limited range today. Gold has slipped from a one-month high. Silver continues to develop.
MCX Gold Price Today, April 8, 2021: Today, the Multi Commodity Exchange (MSX) is trading gold. At the same time, the rate of Silver K continues to rise and is seen to increase. In early trade on Thursday, Sonali MSX traded at Rs 339 per 10 grams in ten grams, with June futures down 0.01 per cent. Silver May futures traded up 0.26 per cent at Rs 66,810 per kg. Let me tell you, gold rose 0.9 per cent during yesterday’s trade, while silver was up 1.1 per cent. Due to the strong weakness of the rupee against the dollar, the price of gold has reached a maximum of Rs 46,400 per month in ten months. Read more – 22Ct-24Ct gold rate today, April 7, 2021: Gold price has not changed today after yesterday’s strength, find out what is the price of 10 grams of gold
The rupee fell the biggest one-day fall in two years against the dollar in yesterday’s session. The RBI has announced plans to buy government bonds worth Rs 1 lakh crore in the current quarter. India meets most of its gold demand through imports. Recently, gold and silver prices returned quickly from less than a year ago Read more – MCX Gold Rate Today, April 6, 2021: Gold, Silver Reaches Record Level One Month, Learn How to Make Money Here-
Last week, gold prices fell by Rs 44,100 per ten grams on EMSEX. Due to the weak U.S. dollar and the global market, there has been some recovery in gold and a slight softening in U.S. bond yields. Read more – 22Ct-24Ct Gold Rates Today, April 5, 2021: Gold Prices Down, Find Out Here – 22Ct-24Ct Gold Key Selling Today
In global markets, gold rates were flat today. The price of gold in the overseas market was 1, 1,737.02 an ounce. Silver was down 0.3 percent at .0 25.03 an ounce. At the same time, SPDR Gold Trust’s holdings in the world’s largest gold-backed exchange-traded fund or gold ETF fell 0.35 tonnes to 1,028.69 tonnes on Tuesday. Gold prices have fallen more than 6 percent since the beginning of this year.
Experts are of the opinion that the demand for safe investments in gold is expected to increase due to the growing cases of coronavirus. At the MCX, gold can be bought at around Rs 46,100 in June futures. Be sure to keep the staples at Rs 45,800. Also, in two sessions, you can walk with a target of Rs 46,800 per ten grams.
At the same time, silver on the MCX could be removed by buying around Rs 66,6200 in futures in May. Be sure to keep the staples at Rs 65,400. With a target of Rs 68,300 per 10 grams, you can run in two business days.