Silver became cheaper by Rs 1300 in August, then silver fell by Rs 5600, know how much gold cost?

In the month of August, there has been a big fall in the price of silver along with gold. Where the gold price has come down by more than Rs.1300. On the other hand, a decline has also been seen in the prices of silver. In such a situation, it is very important to know today that how much the prices of both have become.

Gold and silver are not only bought in the form of ornaments in the house. Actually now people have started trading in it. In such a situation, the curiosity has increased a lot among the common people as to how much gold and silver prices have decreased and how much they have increased. The traders who want to buy want the gold price to come down and those who want to sell want the gold price to rise. Some similar situations have also remained regarding silver. If we talk about the month of August, then there has been a big decline in the prices of both gold and silver. Where gold price has become cheaper by more than Rs 1300 and silver price has seen a decline of more than Rs 5600. In such a situation, it has become very important to tell you that after all, the price of gold and silver has come to Rs.

First see the prices of foreign markets

First, it is very important to know the prices of gold and silver in foreign markets, because on this basis gold-silver prices are fixed in India. Gold futures on Comex are trading below $1950 at $1,949.10 per ounce. While the price of gold spot is trading at $ 1,917.15 per ounce with a gain of $ 4.67 per ounce. Silver futures are trading flat in the Comex market at $ 22.79 per ounce. On the other hand, the price of silver spot is trading at $ 22.75 per ounce with a gain of 0.22 percent.

Gold became cheaper by Rs 1300 in the domestic market

Even though there is a slight decline of Rs 39 in the gold futures price on the Multi Commodity Exchange, a significant decline has been seen in the gold price so far in the month of August. At present, i.e. at 12:07, the price of gold is trading at Rs 58892 per 10 grams. By the way, today Gjd opened at Rs.58800 and reached a high of Rs.58900. If we talk about July, then a decline of Rs 1342 per ten grams has been seen in the price of gold. Talking about the figures, the gold price on July 31 was Rs 60082. While today during the gold trading session, the price of gold had come down to Rs 58740.

According to the domestic market, how much silver has become cheaper

If we talk about silver on the domestic market MCX, then a big decline has been seen in the month of August. At present, silver was trading at Rs 70060 per kg with a gain of Rs 79. During the trading session, the price of silver also went below 70 thousand rupees. Talking about the figures, Silver opened at Rs 70050 today. Whereas a day ago the price of silver had closed at Rs.69981. By the way, on July 31, silver had closed at Rs 75427. Whereas during the trading session it came to Rs 69825 per kg. This means that it has become cheaper by Rs 5,602 in the month of August.