Gold and Silver Price on MCX: Today once again a decline is being seen in the prices of gold and silver. However, today only a slight decline is being seen in the prices of gold and silver. On Monday, a modest decline of 0.13 percent was seen in the price of gold. On the other hand, silver is also trading with a decline of about 0.38 percent. Since the start of trading on MCX today, both the precious metals are trading in the red with a continuous decline.
Gold price reached Rs 1,47,032
At around 11.16 am on Monday, gold for delivery on August 5 was trading at Rs 1,47,180 per 10 grams with a modest fall of Rs 198 (0.13 per cent). Today gold started trading with a decline of Rs 243 at Rs 1,47,135 per 10 grams, which had closed at Rs 1,47,378 per 10 grams on Friday last week. Till the time of writing the news, the price of gold had reached from an intraday high of Rs 1,47,509 per 10 grams to an intraday low of Rs 1,47,032 per 10 grams.
Silver prices came to Rs 2,36,001 per kg
Today, the price of silver for delivery on September 4 fell by Rs 910 (0.38 percent) and was trading at Rs 2,36,500 per kg. Today silver fell by Rs 1017 and started trading at Rs 2,36,393 per kg, which closed at Rs 2,37,410 per kg on Friday last week. Till the time of writing, the price of silver had ranged from an intraday high of Rs 2,37,676 per kg to an intraday low of Rs 2,36,001 per kg.
Today’s prices on MCX
There was a sharp increase in the prices of gold and silver last week.
Let us tell you that gold for August delivery on Multi Commodity Exchange (MCX) had gained momentum last week after 4 consecutive weeks of decline. Last week, gold prices had increased by Rs 3,216 or 2.2 percent and closed at around Rs 1.47 lakh per 10 grams. Similarly, the futures price of silver for September delivery also increased by Rs 13,938, or 6.2 percent, to Rs 2.37 lakh per kg last week.
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