This week, gold futures started with a rise while silver futures started with a slow start. However, later its prices also started trading rapidly. Gold futures are trading above Rs 72 thousand and silver futures are trading above Rs 83 thousand. In the international market, the future prices of gold and silver have started with a decline. Later their prices improved.
rise in gold futures prices
Gold futures prices started with gains today. The benchmark gold June contract on the Multi Commodity Exchange (MCX) today closed at Rs. With an increase of Rs 187. Had opened at 72,030. At the time of writing this contract is worth Rs. Rs 223 with a jump of Rs. Was trading at 72,066. At this time the highest level of the day was Rs. 72,199 and minimum Rs. Reached 71,907. Last week, gold futures price reached an all-time high of Rs 73,958.
Silver futures rose after softening
Silver futures started with a decline today. The benchmark silver May contract on MCX today was priced at Rs. With a reduction of Rs 14. Opened at 8,2799. However, at the time of writing this contract is worth Rs. Rs 419 with a jump of Rs. Was trading at 83,232. At this time the highest level of the day was Rs. 83,552 and below Rs. Reached 82,798. Last week, silver futures were trading at Rs. Reached the highest level of 86,126.
Gold and silver futures prices improved after the recession in international markets.
In the international market, futures prices of gold and silver have started with weakness. However, later there was an improvement in their prices. Gold opened at $ 2,369.39 an ounce on Comex. The previous closing price was $2,374.10. It was trading at $2,378.60 an ounce with a gain of $4.50. Last week, gold futures prices crossed $2,400 and reached an all-time high.
Silver futures on the Comex opened at $28.20, higher than the previous close of $28.33. At the time of writing, it was trading at $28.34 an ounce, up $0.01. Last week its future price crossed $29.