In the case of physical gold, the expected returns would depend on the current gold price. For gold ETF, the value would depend on the price of the ETF.
Gold Price Today: Yellow metal traded high on Tuesday
Gold and silver prices witnessed a marginal hike on the Multi Commodity Exchange (MCX) on Tuesday, with gold futures recording an increase of Rs 261 or 0.53 per cent and were at Rs 49,049 per 10 grams.
Both the precious metals were trading on the higher side.
With the silver futures maturing on July 5, the price stood at Rs 72,500 per kg, witnessing a hike of Rs 701 or 0.97 per cent on Tuesday. On Monday, the prices of precious metals had touched a new high after observing a dip last week.
Promoted
While the gold rates stood at Rs 48,542 per 10 grams on May 31, 2021, the silver rates were Rs 71,611 per kg on the MCX.