New Delhi, Business Desk. Gold and silver futures prices have seen a fall on Friday, the last working day of the week. On August 5, 2020, gold futures on MCX exchange was trading down by Rs 25 at 9:26 am on Friday at Rs 47,330 per 10 grams. Significantly, in the domestic bullion market, the spot price of gold rose by Rs 280 to Rs 48,305 per 10 grams on Thursday. On the other hand, both global gold futures and spot prices have seen an increase on Friday morning.
Along with gold on Friday, the price of silver has also seen a decline in the domestic futures market. On MCX on Friday morning at 9:22 am, the futures price of silver fell by Rs 99 to Rs 47,762 per kg on July 3, 2020. Significantly, the spot price of silver was up by Rs 260 to Rs 49,452 per kg in the domestic bullion market on Thursday.
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Talking about the international market, according to Bloomberg, on Friday morning, the global futures price of gold was trading 0.27 per cent, or $ 4.60, at $ 1735.70 an ounce on Comex. At the same time, the spot price of gold was trending at $ 1726.27 an ounce, rising 0.19 percent or $ 3.34 at this time.
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