New Delhi: On the first trading day of the week in the domestic futures market, there has been a tremendous rise in the prices of both gold and silver on Monday morning. On the MCX exchange, on February 5, 2021 futures gold price was seen trading up by 1.30 per cent or Rs 652 on Monday morning at Rs 50,956 per 10 grams. Apart from this, the gold price of futures on April 5, 2021 appeared to be trading at Rs 51,030 per 10 gram, rising by 1.35 per cent or Rs 681. Globally, gold prices saw a huge rise on Monday morning.
On the other hand, domestic futures prices of silver have come close to their all-time high due to a huge jump. On Monday morning, on March 5, 2021 futures silver price was seen rising by 5.01 per cent or Rs 3402 on MCX at Rs 71,309 per kg. Apart from this, both the futures and spot prices of silver were seen in the global market on Monday morning. Gold Price Today: Gold futures fall, silver too cheap, know what is going on
Gold price globally
Globally, both gold futures and spot prices rose on Monday morning. According to Bloomberg, on Monday morning, the global futures price of gold appeared to be trading at $ 1,910.50 an ounce, up 1.14 percent or $ 21.60 on Comex. In addition, the global spot price of gold was currently trading at $ 1,903.13 an ounce, up 1.16 percent or $ 21.78.
Silver price globally
Globally, silver has also seen a rise in both futures and spot prices on Monday morning. According to Bloomberg, on Monday morning, the March 2021 futures silver price appeared to trade at 5.58 percent, or $ 1.45, at $ 27.49 an ounce on Monday morning. Also, at this time the global spot price of silver appeared to be trading at $ 27.05 an ounce, rising by 5.25 percent or $ 1.35.
