On Tuesday afternoon, there has been a slight decline in gold prices in the futures market. The futures price of gold on MCX exchange was trending at Rs 46,629 per 10 gram on Tuesday afternoon at 12:20 pm with a slight fall of Rs 26. The futures price of 5 August 2020 gold on MCX was trending at Rs 46,764 per 10 gram on Tuesday afternoon by 0.32% or Rs 148.
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Along with gold in the domestic futures market, silver prices have also seen a decline on Tuesday afternoon. On Tuesday afternoon at 12:13 on MCX, silver futures of July 3, 2020 fell by 0.42% or Rs 198 to trade at Rs 47,500 per kg.
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Both international futures and spot prices have fallen on Tuesday afternoon. According to Bloomberg, on Tuesday afternoon, the global futures price of gold was down by 0.02 percent, or $ 0.40, at $ 1734 an ounce on Comex. The global spot price of gold was down by 0.10 percent, or $ 1.78, at $ 1,730.77 an ounce.
