New Delhi: The gold market continues to have ups and downs in the domestic market. Today, on the first day of the trading week on August 24, gold has become cheaper in the futures market. According to the data available on MCX, after the market opened, the price of gold fell further and it had fallen by Rs 339 to Rs 51,677 per 10 grams at one time. The futures price of gold contracted on February 5, 2021, is trending at Rs 52,000 per 10 grams with a break of Rs 403, ie 0.77 percent. In the previous session, the closing price of delivery gold in February was 52,403 per 10 grams. Gold for October delivery fell by Rs 156 to Rs 51,860 per 10 gram on the Multi Commodity Exchange (MCX). At 1:48 pm, the price of delivery gold was down by Rs 39, or 0.7 percent, to Rs 51,977 per 10 grams in October 2020. Talking about the price of gold internationally, according to Bloomberg, the price of gold delivered in December 2020 on Comex is up by $ 8.40, or 0.43 percent, at $ 1,955.40 per ounce. Similarly, the spot price of gold is trending up by $ 6.84 or 0.35 percent to $ 1,947.30 an ounce.
This is the update in the global market
On September 4, the price of silver on MCX is ruling at Rs 66,902 per kg, falling by Rs 165, ie 0.25 percent at 1:52 pm. The closing price of silver was at Rs 67,067 per kg in the previous session. Silver for the December 2020 contract is down by Rs 183, or 0.26 percent, to Rs 69,460 per kg. In the previous session, its closing price was at Rs 69,643 per kg. Silver prices are also seen in the global market. Silver delivered in December is trading at $ 0.11, or 0.42 percent, at $ 26.99 an ounce on Comex. Silver in the spot market is trading at $ 26.77 an ounce, down $ 0.02, or 0.06 percent.
