On Thursday, the price of gold was trading flat in India. On the Multi Commodity Exchange (MCX), the gold contract is trading 0.07 percent lower at Rs 48,266 per 10 grams. However, silver prices jumped on Thursday. Silver futures for September rose by Rs 0.08 to Rs 69,468 per kg.
Gold prices remained flat on Thursday in the international market. According to Reuters, spot gold was stable at $1,824.81 an ounce as of 0050 GMT. US gold futures rose 0.1% to $1,826.40 an ounce. a
Domestic gold and silver prices remained flat this Thursday morning. On the domestic front, MCX Gold has crossed the Rs 48,000 level, where it can see a rise above Rs 48,200 to Rs 48,370-48,500. On MCX, silver can see a rise above Rs 69,000 level to Rs 69,900-70,900 level.
Talking about the year 2020, at that time the price of 10 grams of gold on MCX was Rs 56191. Today gold is at the level of Rs 47,981 per 10 grams on August futures MCX, that is, still gold is getting much cheaper than the record high.