Gold-Silver Price Today (18 December): Gold rates above 50k, Check silver!

Explain that for the past few days, the price of gold was registering an increase. In the previous session, gold rose by Rs 750 to 50 thousand 346 per 10 grams.

Yogita S.
Published on: 18 Dec 2020 7:01 AM GMT
Gold-Silver Price Today (18 December): Gold rates above 50k, Check silver!
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Silver touches all-time high mark of Rs 45,000; gold falls Rs 100

New Delhi: Gold and silver prices have been fluctuating for the past few days. After the rise in both precious metals in the last few days, gold and silver futures prices have declined on Friday. February gold futures on MCX have fallen by 0.24 per cent to Rs 50 thousand 270 per ten grams.

What is the cost of gold?

Explain that for the past few days, the price of gold was registering an increase. In the previous session, gold rose by Rs 750 to 50 thousand 346 per 10 grams. On the other hand, if we talk about silver price today, the rate of silver on MCX has come down by 0.6 percent to Rs 67 thousand 882 per kg. Whereas in the previous session, silver had recorded an increase of 3.5 per cent i.e. Rs 2,300 per kg.

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Fluctuation in Gold Price:

On the other hand, if we talk about international markets, then after the recent boom, gold has also fallen in global markets. Gold spot has fallen 0.2 per cent to the level of one thousand 881.65 dollar an ounce. But it was up 2.3 per cent so far this week. At the same time, silver has also declined in global markets. Silver has fallen by one percent. While platinum has fallen 0.8 per cent to $ 1,035.91.

At present, gold appears to be traded in a limited range. Please tell that this year gold has also touched the highest level of Rs 57 thousand 100 per ten grams. According to this, gold is cheaper by about seven thousand rupees than the highest level.

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Ten grams of gold price

Delhi- 52,970 per ten grams

Mumbai- 49,720 per ten grams

Chennai- 51,230 per ten grams

Kolkata- 51,770 per ten grams

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Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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