On the first day of the week, gold and silver futures are witnessing a sharp rise on Monday. The gold futures on February 5, 2020, on the MCX exchange at 11:49 am on Monday morning, saw a steep rise of Rs 119. The futures price of gold was trending at Rs 38,110 per ten grams on February 5, 2020. Talking about the gold futures price of April 3, 2020, it was seen rising by 0.28% or 108 rupees on the first day of the week on Monday on MCX exchange at 11.51 am on Monday. With this, the gold futures price of April 3, 2020, was trending at Rs 38,178 per 10 grams.

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Apart from this, silver futures are also seeing a sharp rise on Monday. The silver futures on March 5, 2020, on the MCX exchange, was seen rising 0.55 %or Rs 246 at 11.52 am. On this fast, the futures price of silver remained at Rs 45,150 per kg on March 5, 2020. It is being told that according to HDFC Securities, gold had recorded a surge of Rs 109 on Friday in Delhi last week. On Friday, gold closed at Rs 38,894 per 10 grams. Silver had recorded a huge increase of Rs 338 on Friday. With this increase, the price of silver had closed at Rs 45,786 per kg on Friday.

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On the global level, on Monday, the spot price of gold was up 0.21 %to trend at $ 1481.26 an ounce. Apart from this, the spot price of silver was trading 0.44 % on Monday morning at $ 17.27 an ounce. On Monday, crude oil futures prices have seen a slight decline. On Monday, January 17, 2020, crude oil futures prices were trading 0.16%, or Rs 7, on MCX Exchange on Monday at 12: 04 minutes. Due to this decline, the futures price of crude oil on January 17, 2020 was at Rs 4287 per barrel.

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