Gold February futures contracts at MCX opened higher on Tuesday and were trading at Rs 78,850 per 10 gram around 9:45 am, which was up by 0.39% or Rs 306 while silver March futures contracts were trading higher by 0.68% or Rs 622 at Rs 92,064/kg.
gold ETF
Gold MCX Tips Today: 47820 to 48071 | Neal Bhai Reports
Gold MCX Tips Today: Going by gold’s current market performance, it sure appears that the bullion is riding low. As of yesterday, August gold contracts on MCX (Multi-commodity exchange) fell 0.4 percent to reach Rs 47,732 per 10 gram.
Gold Prices Down by Rs 8,500 and Silver Rs 14,500 in last Five Months
Gold prices witnessed a massive plunge in the past week and dropped to Rs 48,702 per 10 gram on the last trading day of the week. On Friday, gold prices registered a steep fall of Rs 519 on the MCX exchange, while the gold futures price of April 5, 2021, was closed at Rs 48,715 per 10 grams with a decline of 514 rupees on MCX on the last trading day of the week.
Gold ETFs attract Rs 6,657 crore inflow in 2020
Gold ETFs : Economic downturn due to coronavirus pandemic and weakness in the US dollar encouraged investors to infuse a whopping Rs 6,657 crore in gold exchange-traded funds in 2020.
Gold Technical Levels To Watch 05-January-2021
Gold Technical Levels : The Senate race will also be closely watched for gold traders, given that a blue wave scenario would likely push real yields further into negative territory and thus underpin the precious metal.