Today, on Wednesday, gold and silver prices are seeing a significant decline in the futures market. The futures price of gold on February 5, 2020, at 10:14 minutes on the MCX exchange, was seen to fall by 0.30% or Rs 121. The same was trending on February 5, 2020 gold futures price of Rs 39,790 per ten grams. When we talk about the futures price of gold on April 3, 2020, it is also seen falling on Wednesday.
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The gold was seen falling by 0.34% or Rs 136 on Wednesday at 10.17. Due to this decline, the futures price of gold was trending at Rs 39,895 per 10 grams on April 3, 2020. Along with this, the futures prices of silver along with gold are also seen declining on Wednesday. The silver futures on March 5, 2020, on the MCX exchange, was seen dropping by 0.31% or Rs 144 at 10.21 am. The silver futures price of March 5, 2020 was trending at Rs 45,999 per kg.
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On the international level, according to Bloomberg, gold was trading 0.37%, or $ 5.80, at $ 1,552.37 an ounce on Wednesday. Silver was down by 0.21% or $ 0.04 to trade at $ 17.75 an ounce. On crude oil, the crude oil futures on February 19, 2020, on the MCX exchange fell by 1.03%, or Rs 43, to Rs 4,143 per barrel on Wednesday.
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