Gold Rate Today 24 August: The order of ups and downs in the price of gold in the domestic market is going on. Today, on the first day of trading week on August 24, gold has become cheaper in the futures market. According to the data available on MCX, after the market opened, the price of gold fell further and it had dropped by Rs 339 to Rs 51,677 per 10 grams at one time. The futures price of gold contracted on February 5, 2021 is trending at Rs 52,000 per 10 grams with a break of Rs 403, ie 0.77 per cent. In the previous session, the closing price of delivery gold in February was 52,403 per 10 grams. Gold for October delivery fell by Rs 156 to Rs 51,860 per 10 gram on the Multi Commodity Exchange (MCX). Gold price of delivery in October 2020 at 1:48 pm, fell by Rs 39, ie 0.7 per cent to 51, 977 per 10 grams. If we talk about the price of gold internationally, according to Bloomberg, the price of gold delivered in December 2020 on Comex is up by $ 8.40, or 0.43 per cent, at $ 1,955.40 an ounce. Similarly, the spot price of gold is trending at $ 1,947.30 an ounce, up by $ 6.84, or 0.35 percent.
This is update in the global market
On September 4, the price of silver on MCX is ruling at Rs 66,902 per kg, falling by Rs 165, ie 0.25 per cent at 1:52 pm. The closing price of silver was at Rs 67,067 per kg in the previous session. Silver for December 2020 contract is down by Rs 183, or 0.26 per cent, to Rs 69,460 per kg. In the previous session, its closing price was at Rs 69,643 per kg. Silver prices are also seen in the global market. Silver delivered in December is trading at $ 0.11, or 0.42 per cent, at $ 26.99 an ounce on Comex. In the spot market, silver is trading at $ 26.77 an ounce, down $ 0.02, or 0.06 percent.