Gold Price Today, 17 June 2021: Gold slips by Rs 900, cheaper by Rs 8600 from record highs

August gold futures on MCX are trading with a fall of about two per cent at rates below the Rs 48,000 mark. 

New Delhi: After a hike in prices last week, gold and silver futures for the month of August plummeted as much as 1.75% on Thursday (June 17) on the Multi Commodity Exchange (MCX) platform. The fall in prices of gold and silver on June 17 is the largest drop in the last few weeks. Gold is currently selling cheaper Rs 900 on MCX, as compared to last week’s rate while silver prices have fallen by Rs 1500 in the ongoing week.  MCX Gold: August gold futures on MCX are trading with a fall of about two per cent at rates below the Rs 48,000 mark. With a drop of Rs 900, gold futures are currently trading around Rs 47,600.