The Indian futures market has seen a fall in gold prices on Friday, with the gold futures of April 3, 2020 falling by Rs 178 to Rs 44,280 per 10 grams at 12 noon on the MCX exchange. At the same time, the futures price of gold on June 5, 2020 was falling by Rs 163 at the same time to trend at Rs 44,570 per 10 grams. At present, the global spot price of gold is seeing a slight rise on Friday afternoon.
Along with this, the futures prices of silver along with gold are also seen declining on Friday afternoon. On the MCX, the silver futures price of May 5, 2020 was down 0.79 per cent or Rs 372 to trade at Rs 47,000 per kg at 12.35 pm on Friday afternoon. Talking about the global spot price, there is a slight rise in gold on Friday afternoon.
According to Bloomberg, it was trading up by $ 0.03 per cent, or $ 0.57, at $ 1,672.80 an ounce. Globally, the spot price of silver was observed, it saw a decline on Friday afternoon. At the same time, it was trading at $ 17.33 an ounce, down 0.61 percent or $ 0.11. At the same time, crude oil futures prices are seen falling on Friday afternoon. With this, the crude oil futures on March 19, 2020 on MCX was down by 1.52 per cent, or Rs 52, to trade at Rs 3379 per barrel.
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