Gold Future Price: Fall in Domestic Futures Prices of Gold

Gold futures prices in India are seen falling on Friday. Gold futures on June 5, 2020 on the MCX exchange fell by 0.44 per cent or Rs 201 to trade at Rs 45,960 per 10 grams.
Gold Future Price: Fall in Domestic Futures Prices of Gold

Gold futures prices in India are seen falling on Friday. Gold futures on June 5, 2020 on the MCX exchange fell by 0.44 per cent or Rs 201 to trade at Rs 45960 per 10 grams.  Apart from this, on Friday morning, gold futures on MCX was down by 0.44 per cent or Rs 205 to trade at Rs 46,174 per 10 grams on August 5, 2020.  Gold spot markets in many parts of the country are also closed on Friday due to the nationwide lockdown.

The global spot price of silver was up 0.78 per cent, or $ 0.12, on Friday morning at $ 15.47 an ounce.  Meanwhile, the global futures price of silver was trading at 1.15 per cent, or $ 0.20, at $ 15.79 an ounce on Comex on Friday morning.

Talking about the precious metals in addition to gold and silver in the global market, the spot price of platinum was up 0.63 percent or $ 5.25 on Friday morning at $ 772.12 an ounce.  At the same time, the global spot price of palladium was trading up 2.50 percent or $ 46.67 on Friday morning at $ 1910.32 an ounce.

Silver prices are also falling in the futures market on Friday morning.  On Friday morning, on July 3, 2020, silver futures fell by Rs 22 to trade at Rs 43,101 per kg on the MCX exchange. At the same time, talking about the international market, both gold futures and spot prices are seen fast on Friday morning.  According to Bloomberg, the global spot price of gold was up 0.06 percent, or $ 1.04, at $ 1,717.10 an ounce on Friday morning.  At the same time, the global futures price of gold was trading at $ 1729.30 an ounce, rising 0.20 percent or $ 3.50 on Comex.

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