Gold Price Updates: Trading At ₹ 48,795

Gold prices on Thursday a day after they had crossed the ₹ 49,000 per 10 gram mark during intra day deals. On MCX, gold June futures were trading at ₹ 48,795 per 10 gram, as against the previous close of ₹ 48,784.
Silver July hereafter were trading weak at ₹ 71,374 per kg, down ₹ 37, as compared to the last close of ₹ 71,411. COMEX gold was trading 0.4 per cent lower at near $1893/oz after a 0.2 per cent gain in the previous session.

Spot gold was down 0.1 per cent at $1,894.88 per ounce after hitting its highest since January 8, 2021 at $1,912.50 on Wednesday. US gold futures declined 0.3% to $1,898 per ounce.