Gold futures and global prices are seeing a significant decline on Monday morning. Along with this, on April 3, 2020 gold futures prices on MCX exchange showed a fall of Rs 289 at Rs 43,869 per 10 grams on Monday morning at 10.19 am. Along with this, the futures price of gold on June 5, 2020, showed a decline of Rs 293 at Rs 44,290 per 10 grams at 10:17 am. On the other hand, the global spot price of gold is also seen declining on Monday morning.
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According to Bloomberg, the global spot price of gold was found to be trending down by 0.74 percent, or $ 12.40 on Monday morning. It went up to a minimum of $ 1,657.71 an ounce by the time the news was written. Along with this, when we talk about the spot price of silver globally, it showed a fall of 2.72 percent or $ 0.47 on Monday morning at $ 16.88 an ounce.
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On the other hand, if we talk about the futures price of silver, then there is a huge decline in it. With this, the silver futures price of May 5, 2020, on MCX was down by 2.16 percent or Rs 1014 on Monday morning at Rs 45,955 per kg. With this, when the silver futures price of July 3, 2020, it was trending at Rs 46,576 per kg on Monday morning, falling by 1.90 percent or Rs 900.
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