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On Friday, the decline in gold futures prices is seen in India. On Friday morning, the gold futures on June 5, 2020, on the MCX exchange was down by 0.44 per cent or Rs 201 to trade at Rs 45,960 per 10 grams. Apart from this, on Friday morning, the futures price of gold on MCX on August 5, 2020, was down by 0.44 per cent, or Rs 205, at Rs 46,174 per 10 grams. Due to the nationwide lockdown, gold spot markets in many parts of the country are also closed on Friday.
Government is giving opportunity to buy gold at low rates, Scheme is starting from Monday
Silver prices are also falling in the futures market on Friday morning. On Friday morning, on July 3, 2020, silver futures on MCX exchange were down by Rs 22 to trade at Rs 43,101 per kg.
On the last trading day of the week, market opens with bang
If we talk about the international market, here both the gold futures and spot prices are seen fast on Friday morning. According to Bloomberg, the global spot price of gold was up 0.06 percent or $ 1.04 to trade at $ 1,717.10 an ounce on Friday morning. The global futures price of gold was trading at $ 1729.30 an ounce, rising 0.20 percent or $ 3.50 on Comex.