On Tuesday, gold and silver futures prices have seen a fall. On the MCX exchange, gold futures on August 5, 2020 were down by Rs 59 at 9:30 am on Tuesday and trending at Rs 47,885 per 10 grams. Similarly, on October 5, 2020, the futures price of gold was declining by Rs 71 on MCX at 9:26 am on Tuesday at Rs 48,020 per 10 grams. Global futures and global spot prices of gold have also been seen falling on Tuesday morning.
For your information, let us tell you that, like the gold in the domestic futures market, silver prices have also seen a drop on Tuesday morning. On Tuesday morning on MCX, the futures price of silver fell by 0.54 per cent or 260 rupees to Rs 48,240 per kg on July 3, 2020. On Tuesday morning, the fall in silver prices has also been seen globally.
Talking about the price of gold and silver in the international market, on Tuesday morning, the global futures price of gold was down by 0.11 percent or 2 dollars at $ 1,764.40 an ounce on Comex. At the same time, the spot price of gold was trending at $ 1,753.12 an ounce, down 0.07 percent or $ 1.31. At the same time, on the global level, the futures price of silver was down by 0.71 percent or $ 0.13 on Comex on Tuesday morning at $ 17.95 an ounce. Apart from this, the global spot price of silver was down by 1.04 percent, or $ 0.01, at $ 17.70 an ounce.
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