The futures market is witnessing a fall in gold prices on Thursday, with the futures price of April 3, 2020, falling by 0.58% or Rs 251 to Rs 43,318 per 10 grams on MCX exchange at 11:37 am on Thursday. The futures price of gold on June 5, 2020, was down by 0.55%, or Rs 239, to trade at Rs 43,568 per 10 grams. On the other hand, the price of gold was seen rising on Thursday morning.
Global growth may remain below last year's level
Talking about the futures price of silver, it is also seeing a decline. Silver futures on May 5, 2020, fell 0.60% or Rs 281 to Rs 46402 per kg on MCX on Thursday morning. When it comes to crude oil, it is seen falling on Thursday. On Thursday, the futures price of crude oil was trading 0.31%, or Rs 11, at Rs 3496 per barrel on Thursday 19 March 2020 on MCX.
Gold-Silver: Gold prices fall, Know today's price
Talking about the global level, on Thursday, there is a rise in gold and a fall in the price of silver. According to Bloomberg, the global spot price of gold was trading up 0.13%, or $ 2.20, on Thursday morning at $ 1,639.13 an ounce. The global spot price of silver was down by 0.11% or $ 0.02 to trade at $ 17.20 an ounce.
SBI-led consortium to takeover Yes Bank, announcement likely soon