Gold futures have seen a fall on Friday. On Friday evening of June 5, 2020, on the MCX exchange, gold futures were down by 0.79 per cent or Rs 343 to trade at Rs 43,300 per 10 grams. At the same time, on April 3, 2020, the futures price of gold was declining by 0.59 per cent or Rs 259 on Friday evening at Rs 43,283 per 10 grams. Gold spot markets remained closed on Friday.

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Due to the Coronavirus epidemic, the entire lockdown of 21 days is in force in the country since Wednesday. Due to this lockdown, all industrial and business activities are closed except essential services. The spot gold markets remained closed on Friday due to the lockdown across the country. To prevent the spread of the corona virus, it is necessary to break its chain of infection, for which the central and state governments have announced a lockdown.

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If we talk about the global market, the global spot gold fell 0.78 percent or $ 12.76 to $ 1,618.58 an ounce on Friday evening, and the global silver spot fell 0.38 percent or $ 0.05 to $ 14.35 an ounce. It was trending. On Friday, if we talk about the prices of silver in the futures market, it was also seen falling in the evening. Silver futures of May 5, 2020 on MCX were seen trending at Rs 40,925 per kg, falling 0.96 per cent or Rs 397 on Friday evening. Apart from this, the futures price of silver on July 3, 2020, fell by 1.22 per cent or Rs 506 to trade at Rs 41080 per kg.

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