Gold and silver prices today: Gold drops Rs 105/10 gm, silver descends by Rs 509/kg

Gold and Silver Price Updates Today: Gold and silver prices opened lower in major spot markets, on Monday, June 20, 2022.

The purity of 999 gold opened at Rs 51,064 per 10 grams, down by Rs 105 from Friday’s close of Rs 51,169, while the price of 999 pure silver was 61,067 per kilogram, and Rs 509 is down from Rs 61,576, which is Available date in India Bullion and Jewelery Show the IBJA website.

alloy purity Opening Price (Rs.) Previous Close (Rs.)
He went 999 51.064 51169
995 50860 50964
916 46775 46871
750 38298 38,377
585 29,872 29934
silver 999 61067 61,576

Source: Indian Bullion and Jewelery Association (IBJA)

On the Multi Commodity Exchange in India, the gold contract for August delivery was trading at Rs 50,828.00 per 10 grams, down Rs 6.00 (0.01%), at 1:05 pm, while the silver contract for July delivery was Rs 60,765.00 per kilogram. , down 172.00 rupees (0.28 percent), at 1:07 p.m.

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In the global market, gold prices rose in choppy trading on Monday, as a weak dollar boosted demand for bullion, with little trading expected due to the US holiday, Reuters mentioned.

Spot gold was down 0.2% at $1,843.57 an ounce by 0414 GMT, after dropping 0.3% earlier in the session. The report said US gold futures rose 0.3 percent to $1,845.40.

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