Gold, Silver Rate Update, 05 January 2021: Gold is flat today after Monday’s spurt, silver prices are showing a slight rise.
New Delhi: Gold, Silver Rate Update, 05 January 2021: Gold and silver prices have increased in the new year. On Monday, the first day of the trading week, there was a strong rise in gold and silver prices on MCX. This rise in prices is still going on. Though the expressions are looking flat now.
Gold and silver rose sharply on Tuesday
MCX Gold: On Monday, February futures of gold on MCX strengthened by Rs 1200, ie, two and a half percent, to close at Rs 51424 per 10 grams. On Monday, gold also made an intraday high of Rs 51490 per 10 grams.
Flat business in gold today
Today, there is a rise in the prices of gold. February futures of gold on MCX opened with a gain of Rs 30 per 10 grams, although after this there is a slight decline in gold. At this time, February futures of gold on MCX are seen to be trading almost flat and around 51415.
MCX Silver: Talking about silver, on Monday, silver became stronger than 3% and closed at Rs 70180 per kg. Although silver touched an intraday high of 70732 in intraday, it could not hold on for much longer. There was also a slight profit booking in silver in the last hours.
Silver start
Today, March futures of silver on MCX opened once again with good momentum, silver opened more than 300 rupees, although it is getting soft. Currently, silver is trading above Rs 70,200.
Gold and silver prices in your city
Let’s take a look at what is the trend of 10 grams 24 carat gold in four metro cities, according to Goodreturns.in
10 grams Gold Price
City Gold Price
Delhi 53,530
Mumbai 50,230
Kolkata 52,860
Chennai 52,530
Also Read: Gold Price Today: Gold futures rise sharply, silver bounce, know prices
Now let’s see what the price of 1 kg of silver is in these four metro cities. According to goodreturns.in
1 kg Silver Price
City Silver Price
Delhi 70,400
Mumbai 70,400
Kolkata 70,400
Chennai 74,100
