New Delhi In the Corona period, new fast is being seen in Gold-Silver Prices. In addition to the spot price, futures prices are seeing a boom, due to which investors still have confidence in these precious metals. Even on Monday, where the futures price of silver has crossed Rs 64600 per kg, gold prices have set a new record. Gold in the domestic market became expensive due to the boom in global markets. With this, silver prices also rose today. Silver has the highest level of eight years. Last week, gold prices had increased by four per cent, while silver had risen by 15 per cent.
52 thousand gold price
Gold prices rose by Rs 475 to Rs 51,946 per 10 grams at the Delhi Bullion Market on Friday as the precious metals strengthened in the international market. On the previous day, the closing price of gold was Rs 51,471 per 10 grams. Gold prices are increasing rapidly with each passing day.
Here is the quote on MCX
On the Multi Commodity Exchange (MCX), August gold futures price has risen by 1.5 per cent i.e. Rs 800 to reach a record high of Rs 51,833 per 10 grams. Silver futures on MCX stood at 5.5 per cent i.e. Rs 3,400 to Rs 64,617 per kg. This is the eight-year high of silver.
So the prices went up
Gold on the international futures market Comex was trading at $ 1930.35 an ounce, an increase of $ 32.85, or 1.73 per cent, from the previous session on Monday, while gold rose to $ 1937.60 an ounce from the previous session. Has a new record. Earlier, gold prices on Comex had risen to $ 1911.60 an ounce on September 6, 2011.
On Friday only, the price of gold in futures market reached Rs 51,035 per 10 gram level. There was a time when gold touched the highest level of Rs 51,184 per 10 grams. The reason for the ever increasing prices of corona virus is that in the corona era people want to invest safely, hence investing in gold.
Gold price increased by 30 percent this year
The price of gold has increased by about 30 percent so far this year. At the same time, experts believe that the price of gold will increase further and it can touch the level of 63 to 65 thousand. Explain that at the beginning of this year, gold was at the level of about Rs 39 thousand per 10 grams, which has crossed the level of 51 thousand by breaking the record level.
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