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Gold prices today remain weak for third day in a row, silver rates drop

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Gold prices struggled for momentum in India for the third day in the row in India. On MCX, gold futures were 0.09% higher at ₹47,180 per 10 gram.

Silver prices saw some profit-taking after their strong run. On MCX, July silver futures were down 0.21% to ₹50,505 per kg. Silver had surged about 25% in the past one month on optimism over industrial demand reviving as more countries reopen their economies.

After hitting a record high of about ₹48,000 per 10 gram, gold prices in India have traded in a narrow range. In global markets, gold prices inched lower on optimism of economic recovery as more countries ease lockdown curbs.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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