Gold Price Today: Yellow Metal Shows Marginal Rise, Silver Grows

Gold, Silver Price Today, August 30, 2021: Yellow metal prices showed marginal rise as on the MCX, gold October futures went up. Silver also rose.

Gold prices showed marginal rise as on the MCX, yellow metal October futures rose by 0.8 per cent to trade at Rs 47,538 per 10 grams, while silver September futures showed decent growth and rose by 3 per cent to reach Rs 63,585 per kg. Silver prices performed better than gold prices mainly due to easing of pandemic worries in China. At the international market, yellow metal rates were trading high as spot prices at COMEX rose by 2 per cent to trade at $1,817 per ounce. Silver prices however traded low as spot silver prices at COMEX stood at $24 per ounce. Gold ETF holdings continued outflows as holdings at SPDR gold shares fell near their lowest since April last year to 1,002 tonnes from the previous week's 1,012 tonnes for the week.