On Monday, both gold and silver metals recorded an increase in the domestic bullion market. According to HDFC Securities, gold prices rose by Rs 310 per 10 grams in the national capital on Monday. With this increase, the price of gold has risen to Rs 46,580 per 10 grams. This increase in prices was recorded domestically due to the strengthening of gold prices globally and the fall in the rupee. Significantly, in the previous session, gold had closed at Rs 46,270 at the price of 10 grams.
Along with gold, the spot price of silver also increased on Monday. Silver Rs 580 per kg. With this increase, silver rose to Rs 67,429 per kg. Significantly, silver had closed at Rs 66,849 per kg in the previous session.
On Monday, the Indian rupee was trading at 74.33 in early trade with a gain of 24 paise against a dollar.
At the same time, the global price of gold was seen trading at $ 1,777 an ounce in the international market on Monday. At the same time, silver was seen trading at a slight increase of $ 26.06 an ounce.
On June 4, the 2021 futures gold price appeared to trade at Rs 47,042 per 10 grams, 0.65 per cent or Rs 305 on the MCX exchange on Monday evening. Also, on August 5, 2021 futures gold was seen trading at Rs 47,350 per ten grams, which rose 0.64 percent or Rs 299 on Monday evening.