Gold Price Today: Amidst mixed signals from the global market, there has been a slight decline in the prices of gold and silver today. Gold has come down below 51,000 at this time and is selling about 6 thousand rupees cheaper than its high rate. At the same time, silver also saw a decline today and its price came down to 62 thousand.
At the time of opening of the market this morning, the futures price of 24 carat purity gold fell by Rs 14 to Rs 56,901 per 10 grams on the Multicommodity Exchange (MCX). Accordingly, the price of gold is also running about 6 thousand rupees cheaper than its high rate. It is worth noting that in the beginning of March, the price of gold had reached close to Rs 57 thousand per 10 grams.
Apart from this, there is also decline in the price of silver. On MCX, silver futures fell by Rs 320 to Rs 61,562 per kg this morning. Earlier, the price of silver opened at Rs 61,597 and soon after falling demand, it started trading 0.52 percent lower than the previous price.
Now if we talk about the high rate, then the current rate of silver is also running about 12 thousand rupees less than its high. In the beginning of March, the futures price of silver was running above 73 thousand. That is, the price of both gold and silver is going down.
Like the stock market in the global market, the price of gold and silver is also fluctuating. There has been a slight increase in the price of gold in the global market, while the price of silver has declined. In the morning, the spot price of gold in the US market was $ 1,852.63 an ounce, while the spot rate of silver fell 0.32 percent to $ 21.86 an ounce this morning.
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