On Wednesday, there was an increase in gold prices in the futures market. On Wednesday evening of June 5, 2020, the futures price of gold on MCX exchange was up by 0.70% or Rs 299 to Rs 43,255 per 10 grams. The futures price of gold on August 5, 2020 was up 0.84%, or Rs 360, on Wednesday evening at Rs 43,335 per 10 grams. The global spot price of both gold and silver has seen an increase on Wednesday evening.
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Talking about the prices of silver in the futures market, it has also seen an increase in Wednesday evening. Silver futures on May 5, 2020 on MCX remained at Rs 39,820 per kg with an increase of 0.75% or Rs 297 on Wednesday evening. Silver futures on MCX on Wednesday, July 3, 2020 was up by 0.66% or Rs 263 to Rs 40,024 per kg.
Gold broken in futures, closed at this price
Talking about the global market, then the global spot price of gold was also seen on Wednesday evening. It was trading at $ 1,593.12 an ounce, rising 1.01% or $ 15.94. Like gold, the global spot price of silver was also seen on Wednesday evening. It was up 0.46% or $ 0.06 to trade at $ 14.04 an ounce.