Gold Silver Price Today March 2nd 2021 Gold And Silver Mcx Reduced Sovereign Gold Bond Open For Investment – Gold Silver Price: Gold and Silver futures fall, investors can buy gold cheaply from this government scheme

Gold and silver futures fell on Tuesday. Gold futures for April delivery on MCX fell by Rs 259, or 0.57 per cent, to Rs 45,049 per 10 grams. Talking about silver, silver futures for May delivery fell by Rs 1,050, or 1.53 per cent, to Rs 67,750 per kg. Globally, spot gold rose 0.2 percent to $ 1,726.84 an ounce, while US gold futures rose 0.1 percent to $ 1,723.80.

ETF inflows reflect weak investor interest
Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund or gold ETF, fell 0.8 per cent to 1,084.5 tonnes on Monday. Gold ETFs are based on the price of gold and its price also decreases with the subsequent fluctuations in its price. The flow of ETFs reflects weak investor interest in gold. A strong dollar makes gold more expensive for holders of other currencies.

Government selling gold at 10 months’ cheapest price
If you want to invest in gold then this is the right time for you. The central government has introduced the Sovereign Gold Bond Scheme. The 12th series of sovereign gold bonds has started from March 1 and you will be able to invest in it by March 5. This scheme is the last series of the current financial year. The most important thing in this is that this time the price of Sovereign Gold Bond is the lowest in ten months, that is, at the low level of 10 months. The Reserve Bank of India has fixed the price of gold subscription at Rs 4,662 per gram this time. If you apply online, you will get a rebate of 50 rupees per gram. This means that you will spend Rs 4,612 for one gram of gold.

Gold and silver futures fell on Tuesday. Gold futures for April delivery on MCX fell by Rs 259, or 0.57 per cent, to Rs 45,049 per 10 grams. Talking about silver, silver futures for May delivery fell by Rs 1,050, or 1.53 per cent, to Rs 67,750 per kg. Globally, spot gold rose 0.2 percent to $ 1,726.84 an ounce, while US gold futures rose 0.1 percent to $ 1,723.80.

ETF inflows reflect weak investor interest

Holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund or gold ETF, fell 0.8 per cent to 1,084.5 tonnes on Monday. Gold ETFs are based on the price of gold and its price also decreases with the subsequent fluctuations in its price. The flow of ETFs reflects weak investor interest in gold. A strong dollar makes gold more expensive for holders of other currencies.

Government selling gold at 10 months’ cheapest price

If you want to invest in gold then this is the right time for you. The central government has introduced the Sovereign Gold Bond Scheme. The 12th series of sovereign gold bonds has started from March 1 and you will be able to invest in it by March 5. This scheme is the last series of the current financial year. The most important thing in this is that this time the price of Sovereign Gold Bond is the lowest in ten months, that is, at the low level of 10 months. The Reserve Bank of India has fixed the price of gold subscription at Rs 4,662 per gram this time. If you apply online, you will get a rebate of 50 rupees per gram. This means that you will spend Rs 4,612 for one gram of gold.