On Thursday, a jump in the domestic spot prices of gold has been recorded. In the national capital, on Thursday, the price of gold has increased by Rs 280 per 10 grams. With this fast, the price of gold has gone up to Rs 48,305 per 10 grams. According to HDFC Securities, the rise in prices in the international market led to a rise in the spot prices of gold in the domestic bullion market on Thursday. On Wednesday, gold had closed at Rs 48,025 per 10 grams.
Along with gold, the domestic spot prices of silver have also increased on Thursday. Silver has gained Rs 260 per kg on Thursday. With this rise, the price of silver has gone up to Rs 49,452 per kg. Significantly, silver had closed at Rs 49,192 per kg in the previous session.
Talking about the international market, on Thursday, gold was trending at $ 1,728 an ounce and silver was trading at $ 17.59 an ounce. On Thursday evening, gold and silver futures prices fell in the domestic futures market. The futures price of five August 2020 gold on MCX was trending at Rs 47,224 per 10 gram, falling 0.24 per cent or Rs 114 on Thursday evening. Talking about silver, at this time the futures price of silver on July 3, 2020, was down by 0.79 per cent or Rs 383 and was trending at Rs 48,053 per kg.
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