New Delhi: Both gold and silver prices have been gaining considerable momentum. Now, today, on Monday, both of them are trending with an edge. In fact, the October contract gold on the Multi Commodity Exchange (MCX) was trending at Rs 67 at 10:48 a.m., or 0.13 per cent, at Rs 50,745 per 10 grams. Globally, both gold futures and spot prices have been hiked today i.e. Silver prices in the domestic futures market have also seen a spurt today.
At 10:57 am today, the 4th December 2020 silver futures price at MCX was up 1.27% or Rs 854 at Rs 68,120 per kg. Global silver prices have also gained ing on Monday. Now, if it comes to global standards, according to Bloomberg, global gold futures at comex on Monday morning show a 0.35 percent, or $6.70, trending at $1,941 an ounce.
Gold rose 0.03 percent, or $0.61, to $1,934.55 an ounce. In addition, according to Bloomberg, silver futures rose 2.07 percent, or $0.55, to $27.27 an ounce on Monday morning, according to Bloomberg. In fact, the global spot of silver rose 0.44 percent, or $0.12, to $27.03 an ounce.
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