look news india
The future prices of gold and silver are softening. Today the futures prices of both have broken open. Today the futures price of gold is around Rs 78 thousand, while the futures price of silver is trading around Rs 96,500. Weakness is being seen in the future prices of gold and silver in the international market.
Gold prices saw a general decline
It started with the fall in gold futures prices. The benchmark gold December contract on the Multi Commodity Exchange (MCX) opened today with a fall of Rs 279 at Rs 78,048. Till the time of writing this news, this contract was trading at Rs 78,057 with a fall of Rs 270. At this time, it had touched an intraday high of Rs 78,080 and an intraday low of Rs 78,048. Gold futures price reached this year's all-time high of Rs 78,919.
fall in silver futures
Silver futures also had a sluggish start. The benchmark silver December contract on MCX fell by Rs 331 today to Rs 331. 96,701 had been opened. Till the time of writing the news, the contract was trading at Rs 96,574 with a fall of Rs 458. At this time it touched the day's high of Rs 96,769 and the day's low of Rs 96,502. This year, the future price of silver reached the highest level of Rs 1,00081.
Gold and silver prices slowed down in the international market
Today started with a slight fall in gold futures prices in the international market. Silver futures softened after opening higher. Gold opened at $ 2,748.60 an ounce on Comex. The previous closing price was $2,748.90 an ounce. Last time it was trading at $ 2,740.40 an ounce, down by $ 8.50. Silver futures on the Comex opened at $33.85, higher than the previous close of $33.79. At last it was trading at $ 33.76 an ounce with a fall of $ 0.03.
Keep this in mind while buying gold
Never ignore quality while buying gold jewellery. Buy jewelery after looking at the hallmark, as this is a government guarantee of gold. Let us tell you that the only agency in India that determines the hallmark is the Bureau of Indian Standards (BIS). All carats have different hallmark points that you should look for and understand when buying gold.