Gold Price Today, 1 July 2021: Gold sheds Rs 2670 in June, right time to invest?

Early this week, gold was trading above Rs 47,000. But since Tuesday, the yellow metal has failed to cross the Rs 47,000 mark.

New Delhi: Gold prices are falling after hitting record highs last year. In June 2021, gold shed Rs 2670 to end the month at a per 10-gram price below Rs 47,000. Gold futures for August, however, gained Rs 284 on Wednesday (June 30). But today (July 1), gold futures are trading flat on Multi Commodity Exchange (MCX). This could be a golden opportunity for many buyers looking to invest in the yellow shining metal as gold prices have plummeted a lot from May.  At present, Gold futures are trading above Rs 46,900 per 10 grams. Early this week, gold was trading above Rs 47,000. But since Tuesday, the yellow metal has failed to cross the Rs 47,000 mark.  Gold moves this week (June 28 - July 2)