Gold becomes Expensive by Rs 1000 in a week, Silver Crosses Rs 65,000 mark
New Delhi, 6/4: Today once again, the June futures of gold on MCX have gone above Rs 45,000. Due to the stagnation in the dollar index, gold and silver prices are getting support. Today gold is seen trading above Rs 45,500 per 10 grams. As far as silver is concerned, the futures on MCX closed down by Rs 584 and slipped to Rs 64,500. Although it is showing good recovery today, prices have once again reached above 65000 rupees per 10 grams.
Today, the June futures of gold on MCX are seen trading with a strength of 170 rupees. The gold futures on MCX have started above Rs 45,500 only. On Monday, gold was seen trading in a small range of Rs 250 only. When compared to Tuesday of last week, gold has become expensive by Rs 1000 in a week.
On Monday, silver May futures on MCX closed down sharply, silver fell by Rs 584 yesterday, but today it is showing a rise of Rs 450 per kg. It is once again trading above 65000 rupees.
Silver had closed at Rs 63,124 per kg on Tuesday last week, compared to today’s price, silver has become expensive by Rs 1,876 in a week.
The highest level of silver is Rs 79,980 per kg. According to this, silver is also cheaper by 14,980 rupees than its highest level. Today, May futures of silver are trading at Rs 64,900 per kg.
