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Gold, Silver Price Today, 4 June 2021: On Multi Commodity Exchange (MCX), gold futures due for a June 4 delivery, were last seen trading lower by Rs 390- or 0.8 per cent - at Rs 48,600
Domestic spot gold closed at Rs 49,195 per 10 grams on Wednesday, and silver at Rs 71,866 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). Here's what analysts say: Mr. Rahul Gupta, Head Of Research- Currency, Emkay Global Financial Services: “The yellow metal has continued to show strength and the safe-haven demand will remain intact in general. While, DXY is struggling to extend recovery moves. MCX gold has hit the higher end of the range around 49000, further upside is possible o...
Domestic spot gold closed at Rs 46,930 per 10 grams on Thursday, and silver at Rs 68,460 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). ''MCX Gold June gave a gap up opening and has been on a declining spree since then. It has declined more than 200 points and tested the support of 47000-46800 levels. We may expect a marginal rise from the support and test 47100- 47150 levels on the upside. This rise could act as a selling opportunity for the investors,'' said Kshitij Purohit, Product Manager, Currency ...
Domestic spot gold closed at Rs 46,859 per 10 grams on Wednesday, and silver at Rs 67,700 per kilogram - both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA). ''On the domestic front, MCX Gold June gave a gap down opening and has declined more than 400 points in the morning session. Prices breached 47000 levels and are trading below them. We may expect bears to dominate the evening session and test 46500 levels on the downside,'' said Kshitij Purohit, Product Manager, Currency and Commodities, CapitalVia Global Research Limit...
Back home, gold and silver of 99.9 per cent purity stood at Rs 47,806 per 10 grams and Rs 69,152 per kilogram in the spot market, respectively, according to Mumbai-based India Bullion and Jewellers Association (IBJA), an industry body. Both prices exclude GST. #Gold and #Silver Closing #Rates for 23/04/2021#IBJA https://t.co/RA2i59NWDF— IBJA (@IBJA1919) 1619178522000Weakness on Dalal Street, where benchmarks continued to decline after a day's hiatus amid an unprecedented surge in Covid infections in the country, boosted gold's safe-haven appeal, weakness in the dollar made the yellow metal ...