Domestic Futures and Global Spot Prices of Gold are Increasing up

Along with domestic gold futures, there is an increase in global spot and global futures prices on Thursday. Gold futures were trading at 0.45 percent
Domestic Futures and Global Spot Prices of Gold are Increasing up

Along with domestic gold futures, there is an increase in global spot and global futures prices on Thursday.  Gold futures were trading at 0.45 percent, or Rs 155, at Rs 45,526 per 10 grams on the MCX exchange.  Apart from this, on Thursday morning on August 5, gold futures on MCX was up by 0.12 per cent or Rs 54 to Rs 45,649 per 10 grams.

Globally, silver also saw an increase in spot and futures prices on Thursday.  According to Bloomberg, the global spot price of silver was trading 0.96 per cent, or $ 0.14, at $ 15 an ounce on Thursday morning.  At the same time, the global futures price of silver was trading at 0.15 per cent, or $ 0.07, at $ 15.09 an ounce on Comex on Thursday.

On the international level, apart from gold and silver, precious metals were trending at $ 763.97 an ounce on Thursday morning.  At the same time, the spot price of palladium was rising by 1.04 percent or $ 18.72 to trade at $ 1822.62 an ounce.

In the international market, on Thursday, gold futures and spot markets have seen an increase.  According to Bloomberg, the global spot price of gold was up 0.27 percent or $ 4.53 to trade at $ 1,690.24 an ounce.  At the same time, the global futures price of gold was trading 0.33 percent or $ 5.50 on Thursday morning at $ 1694 an ounce.

Talking about the futures price of silver on the MCX exchange, it has also seen an increase on Thursday.  On Thursday morning, silver futures of July 3, 2020 were up 0.41 per cent, or Rs 170, to trade at Rs 42,015 per kg.

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