The futures prices of gold are also seen declining on Thursday. The futures price of gold on MCX was declining by Rs 168 at 9 am on Thursday and was trending at Rs 46,363 per 10 grams. Apart from this, the gold futures on August 5, 2020 was trading at Rs 46,580 per 10 grams on MCX with a fall of Rs 127 on Thursday morning at 5 am. At the same time, the futures price of gold on October 5, 2020 was trading at Rs 46,673 per 10 grams on MCX on Thursday morning at 9.43 am, falling by Rs 102.
For your information, let us tell you that along with gold in the futures market, the price of silver has also seen a decline on Thursday morning. On Thursday, 9 July 3 minutes on MCX, silver futures of July 3, 2020 fell by Rs 107 to trade at Rs 48,283 per kg. At the same time, internationally, both the futures and spot prices of gold have seen an increase on Thursday morning. According to Bloomberg, on Thursday morning, the global futures price of gold was trading up 0.11 percent or $ 1.90 on Comex at $ 1728.70 an ounce. At the same time, the global spot price of gold was trending at $ 1,716.36 an ounce, rising 0.40 percent or $ 6.89.
If we talk about the international market, just like gold on Thursday morning, silver has also seen an increase in both futures and spot prices. On Thursday morning, the global spot price of silver was up 0.21 percent or $ 0.04 to trade at $ 17.30 an ounce. At the same time, the global futures price of silver was trending at $ 17.81 an ounce on Thursday morning, rising 0.30 percent or $ 0.05 on Comex.
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