- Gold, which has been gaining ground for two consecutive sessions, saw gains today.
- Commodity markets have seen gold and silver prices fall.
- Spot gold prices have fallen in the global market.
The gold rate is expected to rebound as the Karona crisis continues. Gold rallied last weekend. However, this boom has taken a break. After the central government announced to give corona vaccine to all people above 18 years of age, gold started showing profit today. In the commodity market, gold fell by Rs 250.
Gold and silver prices fell in the commodity market on Tuesday. As a result, the price of the Gold rate has come down to Rs 48,000. At present, gold is trading at Rs 47,268 per 10 grams, down by Rs 109. Earlier, gold had touched Rs 47,128.
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One kg on MCX The price of silver was down by Rs 14 to Rs 68,310. Earlier, silver had declined to Rs 68,281. Gold prices had risen on Friday and Monday on the Multi Commodity Exchange. On Monday, gold had reached close to Rs 49,000.
According to the Goodreturns website, the price of the 22-carat gold rate in Mumbai today is Rs 45080 while the price of 24-carat gold is Rs 46080. The price of 22-carat gold in Delhi today is Rs 46,300. The price of 24-carat gold is Rs 50,520. It has lost Rs 100 as compared to Monday.
Today, the price of the 22-carat gold rate in Chennai is Rs 44,500 and 24-carat gold is Rs 48,550. It has fallen by Rs 480. In Kolkata, 22-carat gold is priced at Rs 46,800 and 24-carat gold is priced at Rs 49,500.
Global spot gold fell 0.2 percent. Gold is trading at १७ 1766.32 an ounce. US gold futures prices have fallen. US gold futures traded down ३ 1,766.10, down 0.3 percent. Silver also fell by 0.2 percent to २५ 25.75 an ounce. Gold prices are expected to hover between ५ 1,755 and १७ 1,790 an ounce in the near term, said Tapan Patel, a commodity analyst at HDFC Securities.
The central government on Monday evening decided to vaccinate everyone above the age of 18 from next month. So far, 12 crore people in the country have been vaccinated. Apart from that, the government has announced financial assistance of Rs 4,500 crore to Serum Institute of India and Bharat Biotech vaccine manufacturers.
Meanwhile, according to the Ministry of Health, a total of 2 lakh 59 thousand 170 crore infected patients were found on Monday (April 19, 2021). In the same 24 hours, 1,761 crore infected patients have lost their lives in the country. 1 lakh 54 thousand 761 patients were discharged from the hospital. Deaths due to corona have become a matter of concern in the country.
