For the second day in a row, gold futures have ploluntary
Gold and silver futures prices have declined in the domestic market today
Gold futures fell 0.61 per cent to Rs 48,588 per 10 grams
Silver futures touched Rs 71,784 per kg
The government has given exemption in hallmarking of gold jewelery till June 15
Gold futures fell 0.61 per cent to Rs 48,588 per 10 grams
Gold futures on the MCX fell 0.61 per cent to Rs 48,588 per 10 grams. While silver futures have reached Rs 71,784 per kg. Gold was down 0.65 per cent and silver was down The yellow metal is about Rs 7,000 below last year’s high.
That’s the price in the global market
Gold in international markets fell 0.6 per cent to 1, 1,864.58 an ounce on the back of a stronger US dollar. Among other precious metals, silver was down 0.3 per cent at. 27.80 an ounce and platinum was down 0.6 per cent at 14 1,143.71. Investors are cautious ahead of the Federal Reserve policy meeting this weekend. The dollar has moved closer to a one-week high against its rivals.This strengthened 0.1 percent.
The government has given exemption in hallmarking of gold jewelery till June 15
The date for implementing hallmarking in the country has been extended. Earlier, this rule was to come into force in January 2021. This was later extended to June 1 due to the corona and is now extended to June 15. An important decision was taken at the meeting in which Railway and Commerce Minister Piyush Goyal said that hallmark certified jewelery should be sold to consumers in the country.Only 22 carat, 18 carat, 14 carat jewelery will be sold after the hallmarking rule is implemented. Hallmarking certifies the purity of the precious metal and iscurrentlyv oluntary.
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