Gold Rate Update, 27 August 2021: Gold and silver are open today with good strength. However, gold is moving in a circle only. Gold futures are slipping till 47600. Silver prices have returned to strength. After slipping from the level of 63,000, it has recovered again.
Gold, Silver Rate Update, 27 August 2021: October futures of gold on MCX closed almost flat on Thursday after a lot of volatility. Although gold futures started with sluggishness, but in intraday it rose to Rs 47380 and slipped to Rs 46934 below 47,000. In the end, it became flat and closed at Rs 47237 per 10 grams. Talking about this whole week, gold futures are only on the strength of Rs 150. Gold futures are seen trading today with a strength of Rs 250.
Gold moves this week (August 23-27)
Day         Gold (MCX October Futures)
Monday         47584/10 Gram
Tuesday        47612/10 Gram
Wednesday      47179/10 Gram
Thursday       47237/10 Gram
Friday         47400/10 Gram (Trading Ongoing)
Last week’s gold move (August 16-20)
Day         Gold (MCX October Futures)
Monday        47225/10 Gram
Tuesday        47280/10 Gram
Wednesday      47132/10 Gram
Thursday       47169/10 Gram
Friday         47158/10 Gram
Two Weeks Ago Gold Trick (09-13 Aug)
Day         Gold (MCX October Futures)
Monday        45886/10 Gram
Tuesday        45962/10 Gram
Wednesday      46388/10 Gram
Thursday       46363/10 Gram
Friday         46940/10 Gram
Silver from its highest level of Rs 17000,
the highest ever level of silver is Rs 79,980 per kg. Accordingly, silver is also cheaper by about Rs 17000 from its highest level. Today, July futures of silver are at Rs 63000 per kg.
Gold-Silver in the
Bullion market The prices of gold had reduced slightly in the bullion market. In the bullion market, gold was sold on Thursday at Rs 63306 per 10 grams, while on Wednesday the rate was Rs 63414. Similarly, silver also sold on Thursday at Rs 63,230, while on Wednesday the rate was Rs 63382.
