New Delhi, Feb 25: For those looking to buy gold at great prices, there is a good opportunity to do so. Gold prices fell marginally on Thursday, the prices of the yellow metal are over Rs 10,500 lower than the rates as compared to August.
On August 7, Gold price saw a record 16th straight session an all-time high of Rs 57,008 per 10 grams in the national capital. Silver too continued its upward movement, with the price touching a record-high of Rs 77,840 per kilogram. on February 25 (today), Gold futures for April delivery opened lower at Rs 46,443 per 10 gram as against its previous close of Rs 46,522 per 10 gram on MCX. Silver prices meanwhile soared above Rs 70,000 per 10Kg in MCX. Silver for March delivery opened at Rs 70,126 per kg as against its close of Rs 69,543 per kg.
| Gold prices on February 25, 2021 | ||
|---|---|---|
| PURITY | AM | |
| Gold | 999 | 46637 |
| Gold | 995 | 46450 |
| Gold | 916 | 42719 |
| Gold | 750 | 34978 |
| Gold | 585 | 27283 |
| Silver | 999 | 70179 |
Gold prices on Wednesday fell Rs 148 to Rs 46,307 per 10 grams in the national capital, due to overnight selling in global prices and rupee appreciation, according to HDFC Securities. The precious metal had closed at Rs 46,455 per 10 grams in the previous session. Silver also declined Rs 886 to Rs 68,676 per kilogram, compared with the close of Rs 69,562 per kilogram in the previous trade.
Gold eased on Thursday as U.S. Treasury yields hovered near a one-year peak, tarnishing bullion`s appeal, although a softer dollar and the U.S. Federal Reserve`s commitment to an accommodative policy limited its fall. Spot gold fell 0.4% to $1,797.73 per ounce by 0540 GMT. U.S. gold futures eased 0.1% to $1,795.90, a Reuters report said.
