Gold cross 50 thousand again, silver rates also raised

New Delhi: Even though the entire world has got the corona vaccine and the number of corona cases is decreasing in India too, today the prices of gold and silver have increased in international markets and Indian markets. Gold futures on MCX gained 0.75 per cent to 50,678 per 10 grams, while silver futures rose 3 per cent to 69,874 per kg.

Earlier in the previous session, gold futures recorded a decline of 0.6 per cent after three days of increase of 0.17 per cent. Gold rates have been rising months after top US lawmakers in international markets battled on Corona's economic stimulus package of $ 900 billion. The House leaders informed the MPs that they would be voting on the legislation on Monday. Gold spot rose 0.4 per cent to $ 1,888.76 an ounce. Silver gained 0.9 per cent to $ 26.01 an ounce. Platinum was up 0.1 percent to $ 1,036.75 and palladium fell 0.1% to $ 2,358.71.

The spread of the new infectious form of the corona epidemic in Britain has led to a renewed ban on trade and other activity. Other European governments are also taking measures to prevent a resurgence of the epidemic. Many countries have banned arrivals from the UK, as the WHO called for stronger containment measures.

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