The futures price of gold and silver is also seen declining on Tuesday. The gold futures of February 5, 2020, on the MCX exchange, were seen dropping by 0.30 % or Rs 114 on Tuesday at 11:49 am on Tuesday. Due to this decline, the futures price of gold was trending at Rs 37,835 per 10 grams on February 5, 2020. Silver futures have also seen a fall on Tuesday. The futures price of silver on March 5, 2020, on the MCX exchange, was trending at 0.25 at 11.51 am on Tuesday morning, falling by 0.25 % or Rs 110. Due to this decline, the futures price of silver remained at Rs 44,620 per kg on March 5, 2020.
Apart from this, the fall in the gold futures price of April 3, 2020 is also seen on Tuesday. On Tuesday, 11 am 53 minutes on the MCX exchange, gold futures on April 5, 2020 was down by 0.23 % or Rs 87 to trade at Rs 37,877 per 10 grams. It is being told that according to HDFC Securities on Monday, gold had lost Rs 161. On Monday, gold had closed at Rs 38,718 per 10 grams. On the other hand, silver saw a steep fall of Rs 425 on Monday. The silver had closed at Rs 45,730 per kg on Monday.
Globally, according to Bloomberg, the spot price of gold was down by 0.12 % on Tuesday at $ 1460.73 an ounce. On the other hand, silver was trading at $ 16.89 an ounce, down 0.14 percent. Talking about crude oil, its futures prices are also seen on Tuesday. On Tuesday, December 18, 2019, crude oil futures were trending at 0.37 % or Rs 15 on MCX exchange on Tuesday at 11:58 am. With this fast, the crude oil futures price of 18 December 2019 was at Rs 4023 per barrel.