Gold Price Today, 07 June 2021: Gold prices yet again decline, rates still cheaper by Rs 7,500 from record level

On MCX, Gold futures for August delivery are staging below Rs 49,000 per 10 grams. On Friday, gold had closed with a strength of about Rs 350 per 10 grams and fell further by Rs 200 to the level of Rs 48800 per 10 grams in late morning trade.

New Delhi: Gold prices have been witnessing a lot of ups and downs lately, though the rates of the yellow metal are still much lower as compared to the highest level it had touched in August last year. Those looking to invest in gold still have a good window. On Friday, gold and silver closed with great momentum, however futures prices are showing a decline on Monday. Gold has once again slipped below Rs 49,000 per 10 grams. While silver has come down to 71,000. On MCX, Gold futures for August delivery are staging below Rs 49,000 per 10 grams. On Friday, gold had closed with a strength of about Rs 350 per 10 grams and fell further by Rs 200 to the level of Rs 48800 per 10 grams in late morning trade.