New Delhi: After a slight increase in July 2021, gold prices have started to bounce again in the first few days of August 2021. On the Multi Commodity Exchange (MCX), October gold futures fell by Rs 230 per 10 grams on Tuesday (August 3). ), closed at around Rs 47864 per 10 grams.
However, on Wednesday (August 4), gold futures are currently trading marginally higher at around 47880 per 10 grams amid the rise in the prices of the precious metal internationally.
According to a report by news agency PTI, in the international market, gold was trading in green at USD 1,815 an ounce, while silver was at USD 25.71 an ounce.
Finally, in August 2020, gold prices touched the highest level of Rs 56191 per 10 grams on MCX. In comparison, gold on MCX is currently trading around Rs 47900 per 10 grams. This means that gold is currently selling cheaper by Rs 8,300 from its record highs, giving investors a golden opportunity to put their money on the bright yellow metal. Read also: Record performance in the market due to earnings growth; Sensex climbs 54,000 points for the first time
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