Gold Futures on 20 May: Gold prices surge, silver shine also increases, know the price
New Delhi, Business Desk. On Wednesday, gold prices in the futures market are rising. On June 5, 2020 gold futures on the MCX exchange were trending at Rs 47,247 per 10 grams, rising 0.42 percent or Rs 197 on Wednesday morning. Apart from this, on August 5, 2020 gold futures on MCX were trending at Rs 47,493 per 10 grams with an increase of 0.40 percent or Rs 190 on Wednesday.
Along with gold in the domestic futures market, silver prices are also seeing a spurt on Wednesday morning. On Wednesday morning on MCX, silver futures of July 3, 2020, were up by 0.94 percent or Rs 439 to trade at Rs 49,260 per kg.
Talking about the global level, both the gold futures and spot prices are seen increasing on Wednesday morning. According to Bloomberg, on Wednesday morning, the global futures price of gold was trading up 0.50 percent, or $ 8.70, at $ 1754.30 an ounce on Comex. At the same time, the global spot price of gold was trending at $ 1,749.14 an ounce, rising 0.23 percent or $ 4.09.
Talking about the price of silver internationally, both global spot and global futures prices have seen an increase on Wednesday morning. On Wednesday morning, the global spot price of silver was up 0.90 percent, or $ 0.16, at $ 17.51 an ounce. At the same time, the global futures price of silver was trading at $ 18.09 an ounce on Comex, rising 1.06 percent or $ 0.19 on Wednesday morning.
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