There has been a tremendous rise in the futures price of gold and silver on Tuesday morning. On Tuesday morning, the futures price of gold on MCX was trending at Rs 45,087 per 10 gram with a strong increase of 3.12 per cent or Rs 1365 on June 5, 2020. Along with gold, there has been a tremendous rise in futures prices of silver on Tuesday morning. The futures price of silver on MCX was trending at 5.43 per cent, or Rs 2167, on Tuesday morning at Rs 43,390 per kg.
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The futures price of silver on July 3, 2020, was trending at Rs 43,424 per kg on MCX with a rise of 5.01 per cent or Rs 2073 on Tuesday morning. When talking about crude oil, the futures price of crude oil on MCX on Tuesday morning on April 20, 2020 was increasing by 1.37 per cent or 28 rupees to Rs 2076 per barrel.
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There has been a slight drop in the spot price of gold here on Tuesday morning. According to Bloomberg, the spot price of gold was down by 0.04 per cent, or $ 0.61, at $ 1,660.36 an ounce on Tuesday morning. At the same time, the global spot price of silver has seen a spurt on Tuesday morning. Globally, silver was trading at $ 15.20 an ounce on Tuesday morning, rising 1.32 percent or $ 0.20.
