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Gold-Silver Price: Gold became expensive on the first day of the week, know the price of 10 grams of gold

Gold-Silver Price: Gold became expensive on the first day of the week, know the price of 10 grams of gold

Gold / Silver Price: On Monday, October futures gold (Gold) on the Multi Commodity Exchange (MCX) is trading with a rise of 0.22 percent. At the same time, a decline of 0.35 percent has been recorded in the price of December futures silver.

Today’s gold and silver price

Gold/Silver Price Today: Amid weak global cues, gold and silver prices in the Indian markets are trading volatile today. On Monday, the first day of the week, there is an upward trend in the price of gold. However, there is weakness in silver. On Monday, October futures gold on the Multi Commodity Exchange (MCX) is trading with a rise of 0.22 percent. At the same time, a decline of 0.35 percent has been recorded in the price of December futures silver.

In the last trading session, gold had lost 0.4 per cent while silver had lost 0.9 per cent. Gold is struggling today after a huge fall in the global markets in the last week.

Today’s Gold-Silver Price (Gold-Silver Price on 13 September 2021)-

On the first day of the week on MCX, October futures gold prices rose by Rs 101 to Rs 46,907 per 10 grams. On the other hand, the price of silver declined 0.35 per cent to Rs 63,371 per kg in December. Spot gold was at $1,787.40 an ounce after falling 2.1 per cent last week.

Investors are cautious ahead of a significant US consumer price reading later this week. Apart from this, the strengthening of the US dollar has had an impact on gold. The dollar index rose to 92.632 after gaining 0.6 per cent last week.

Investment in Gold ETFs increased in August

Gold Exchange Traded Funds (Gold ETFs) showed improvement in August after net outflows in Gold-ETFs in July and attracted an investment of Rs 24 crore during the month. According to the data of Association of Mutual Funds in India (Amfi), the total inflows into Gold ETFs reached Rs 3,070 crore during the first eight months of the current financial year.

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Shehnaz Ali
Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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