Futures prices of both precious metals, both gold and silver, were seen on Wednesday morning. On the MCX exchange on February 5, 2021 futures gold was seen trading down by Rs 225 to Rs 51,495 per 10 grams. Apart from this, the futures price of gold on April 5, 2021, was seen trading at Rs 51,540 per 10 grams, falling by Rs 191 at this time. Meanwhile, the global market also saw a decline in both spot and futures prices on Gold Futures Price: Gold futures fall, silver also breaks, know what is left of pricesWednesday morning.
Along with gold, domestic futures prices of silver also fell on Wednesday morning. On Wednesday, March 5, 2021 futures silver price fell by 0.69 per cent or Rs 486 on MCX to trade at Rs 70,372 per kg. Apart from this, both the futures and spot prices of silver also saw a fall in the international market on Wednesday morning.
Gold price globally
Globally, both gold futures and spot prices fell on Wednesday morning. According to Bloomberg, on Wednesday morning, the global futures price of gold appeared to be trading at $ 1,948.50 an ounce, down 0.30 percent or $ 5.90 on Comex. In addition, the global spot price of gold was seen trading at $ 1,946.47 an ounce, down 0.18 percent or $ 3.54 at this time.
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Silver price globally
Globally, silver also witnessed a fall in both futures and spot prices on Wednesday morning. According to Bloomberg, on Wednesday morning, the March 2021 futures silver price fell by 0.63 percent, or $ 0.17, to trade at $ 27.47 an ounce on Comex. Apart from this, the global spot price of silver appeared to trade at $ 27.33 an ounce, down 0.81 percent or $ 0.22.