Gold Price Today: Yellow Metal Prices Show Rise, Silver Falls

Gold, Silver Price Today, August 16, 2021: On MCX, gold October futures rose by 0.64 per cent to trade at Rs 46,940 per 10 gram.

Yellow metal prices rose on Monday in the domestic market as on MCX, gold October futures rose by 0.64 per cent to trade at Rs 46,940 per 10 gram mainly due to rupee depreciation. Silver prices however fell as on the MCX, September futures slid by 2.7 per cent to touch Rs 63,238 per kg. Silver prices were hit by weak base metals and lower demand outlook. Meanwhile at COMEX, gold prices were up and trading higher as spot yellow metal prices shot up by 0.95 per cent to reach $1780 per ounce for the week.