Today gold has become cheaper again
These days, there is a rapid decline in the price of gold in the Indian market. On Tuesday, the price of gold futures (Gold price today) on the Multi Commodity Exchange (MCX) was broken by 0.03 percent per 10 grams.
- January 12, 2021, 1:11 PM IST
Price slipped by 2 thousand rupees
On Friday, January 8, 2021, Gold’s February futures price fell by Rs 2,068 per 10 grams to Rs 48,818. Apart from this, there was a drop in gold rates on Monday as well. Apart from this, there has also been a decline in silver rates.
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Know what is the price of gold today
Today’s gold futures on MCX fell by Rs 14 to Rs 49,328 per 10 grams. While the price of silver was reduced by Rs 155 to Rs 65,400 per kg. In the international market, gold prices registered an increase today, but the dollar’s strength steadily disappeared. Spot gold rose 0.2 percent to $ 1847.96 an ounce while silver rose 0.8 percent to $ 25.11 an ounce.
The major reason for falling gold and silver prices in the Indian futures market was the decrease in the prices of both precious metals internationally. At the same time, the price of both precious metals has come down due to increase in yield of US bond and strengthening dollar.
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Government is giving opportunity to buy gold cheaply
Let us tell you that the central government is giving you a chance to buy cheap gold at this time. Under the tenth series, investors can invest in it from January 11 to January 15. The Reserve Bank has kept the price of one gram of gold at Rs 5104. If an investor applies for this online and is paid in digital mode, then he will get a discount of Rs 50 per gram.