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Silver futures prices are seeing a decline today on 18 September. At the same time, gold futures prices are seeing an increase. Today the gold futures price is around Rs 73,250 while the silver futures price is seen trading at Rs 88,700. Gold futures prices are rising in the international market, while silver futures prices are softening.
Gold futures prices rise
Gold futures opened with a positive note today. The benchmark gold October contract on the Multi Commodity Exchange opened today at Rs 73,199, down by Rs 105. At the time of opening, the contract was trading at Rs 73,250 at a loss of Rs 156 per kg. During this time, it has touched an intraday high of Rs 73,272 and an intraday low of Rs 73,199. This year, gold futures reached an all-time high of Rs 74,471.
Silver futures fall
Silver prices started on a sluggish note today. The benchmark silver December contract on MCX opened lower by Rs 321 at Rs 88,749 today. At the time of writing, the contract was trading lower by Rs 385 at Rs 88,685. It touched an intraday low of Rs 88,800 and intraday low of Rs 88,610. This year, silver futures hit an all-time high of Rs 96,493.
Gold rises in the international market, silver falls
Today, the future prices of gold and silver started with a rise in the international market. But later, the prices of silver softened. Gold opened at $2,596 per ounce on Comex. The previous closing price was $2,592.40 per ounce. At the time of writing the news, it was trading at $2,600.10 per ounce with a rise of $7.70. Silver futures opened at $31.02 on Comex, which is higher than the previous close of $30.97. Later, it was trading at $30.85 per ounce with a fall of $0.12.