7th May, 2021
Gold futures gained momentum on Friday. On the Multi Commodity Exchange at 11:16 am, in June 2021, the price of delivery gold rose by Rs 43, ie 0.09 percent to Rs 47,638 per 10 grams. In the previous session, the rate of delivery gold in June was Rs 47,595 per 10 grams. At the same time, in August 2021, the rate of delivery gold was trending at Rs 47,990 per 10 grams with an increase of Rs 71 i.e. 0.15 percent. On Thursday, the rate of August contract gold was at Rs 47,919 per 10 grams.
Silver Future's Price
On Multi Commodity Exchange (MCX) at 11:16 am, the price of silver delivered in July 2021 was down by Rs 119, or 0.17 percent, to Rs 71,562 per kg. In the previous session, delivery in July was at Rs 71,681 per kg. In September 2021, the price of silver was trading at Rs 72,600 per kg with a break of Rs 101 or 0.14 percent. Earlier on Thursday, silver for delivery in September was at Rs 72,701 per kg.
Gold Price in Global Market
According to Bloomberg, gold prices on Comex were trading up $ 2.30, or 0.13 percent, at $ 1,818 an ounce in June 2021. In the spot market, gold was trading at $ 1,818.94 an ounce, an increase of $ 3.72, or 0.20 percent.
Silver price in the international market
According to Bloomberg, silver for delivery in July 2021 on Comex was down $ 0.04, or 0.15 percent, to $ 27.44 an ounce. Similarly, silver was trending at $ 27.28 an ounce in the spot market with a break of $ 0.03, or 0.10 percent.