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Gold Price Today, 04 May 2021: Gold and Silver fall today, know the rate of 10 grams of gold


Gold, Silver Rate Update, 04 May 2021: After Monday’s strong rally, gold and silver are once again weak. Yesterday, gold had become more expensive by Rs 600, silver also increased by Rs 2470, ie, about four and a half percent.

MCX Gold: On Monday, gold and silver traded strongly. Yesterday, gold futures on MCX jumped by Rs 47450 per 10 grams in intraday. In the end, it closed at the level of 47319 with a strength of over 600 rupees. Today, gold is trading down by Rs 160 per 10 grams. Gold currently hovers above 47100. Gold has once again come at last week’s level.

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Gold move last week (April 26-30)

Day gold (MCX June futures)
Monday 47462/10 grams
Tuesday 47303/10 grams
Wednesday 47093/10 grams
Thursday 46726/10 grams
Friday 46737/10 grams

Gold trick (19-23 april)

Day gold (MCX June futures)
Monday 47393/10 grams
Tuesday 47857/10 grams
Wednesday 48228/10 grams
Thursday 47772/10 grams
Friday 47532/10 grams

Gold move (week of April 12-16)

Day gold (MCX June futures)
Monday 46419/10 g
Tuesday 46975/10 grams
Wednesday 46608/10 grams
Thursday 47175/10 grams
Friday 47353/10 grams

Gold move (week of 5-9 April)

Day gold (MCX June futures)
44598/10 Monday
Tuesday 45919/10 grams
Wednesday 46362/10 grams
Thursday 46838/10 grams
Friday 46593/10 grams

Gold is cheaper by around Rs 9200 from the highest level

Last year, due to the Corona crisis, people had invested heavily in gold, in August 2020, the price of 10 grams of gold on MCX reached the highest level of Rs 56191. Last year, gold gave a return of 43%. If compared to the highest level, gold has been broken by 25 percent, gold is at Rs 47100 per 10 gram level on MCX, which means that it is still getting cheaper by Rs 9100.

MCX Silver: As far as silver is concerned, the silver May futures closed at close to Rs 70,000 with a strength of Rs 2460 on Monday. But today silver futures are showing a decline. Silver has come down to a level of Rs 69700 per kg with a weakness of Rs 170.

Silver move last week (April 26-30)

Day Silver (MCX – May Futures)
Monday 68680 / kg
Tuesday 68958 / kg
Wednesday 67786 / Kg
Thursday 67474 / kg
Friday 67524 / kg

Silver move (19-23 April)

Day Silver (MCX – May Futures)
Monday 68324 / kg
Tuesday 68745 / kg
Wednesday 70338 / Kg
Thursday 69218 / kg
Friday 68674 / kg

Silver move (week of April 12-16)

Day Silver (MCX – May Futures)
Monday 66128 / kg
Tuesday 67656 / Kg
Wednesday 67638 / kg
Thursday 68540 / kg
Friday 68684 / kg

Silver move (week of 5-9 April)

Day Silver (MCX – May Futures)
Monday 64562 / kg
Tuesday 65897 / kg
Wednesday 66191 / kg
Thursday 67501 / kg
Friday 66983 / kg

Silver cheaper by Rs 10280 from its highest level

The highest level of silver is Rs 79,980 per kg. According to this, silver is also cheaper by 11980 rupees than its highest level. Today, silver futures are at Rs 69700 per kg.

Gold and silver in bullion market

According to the India Bullion and Jewelers Association i.e. IBJA, gold and silver prices have also increased in the bullion market. On Monday, gold sold in the bullion market at Rs 46900 per 10 grams, which was Rs 46791 on Friday, that is, it has become expensive by about Rs 109 per 10 grams. Talking about this whole month, gold has become expensive by Rs 1872 per 10 grams.

Gold at Sarafa Bazar (1-30 April)
1 April 44919
30 April 46791

Likewise, on the silver, on Monday, silver sold at Rs 68475 per 10 grams in the bullion market, while on Friday the rate was Rs 67800. That is, silver became expensive by 675 rupees per kg in a single day. Talking about the whole of April, silver has become costlier by Rs 4000 per kg. On April 1, silver was sold at Rs 63737 per kg.

Silver in bullion market (1-30 April)
1 April 63737
30 April 67800

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