April 23 (Punjab Khabarnama) : Business Desk: There was a fear of war between Iran and Israel but the tension between the two countries has reduced. Its effect is visible in the prices of gold and silver. Gold and silver prices are falling for the second consecutive day this week due to weak global trend amid easing tensions. On Tuesday too, the futures prices of gold and silver started soft.
The futures prices of both opened with a decline in the domestic market. At the time of writing the news, gold futures prices are trading around Rs 70,500, while silver futures prices are trading around Rs 79,850. The future prices of gold and silver in the international market also started sluggishly.
gold futures prices fell
The benchmark June contract of gold on Multi Commodity Exchange (MCX) opened today with a fall of Rs 72 at Rs 71,125. At the time of writing, this contract was trading at Rs 70,496 with a fall of Rs 701. At this time it touched the day’s high at Rs 71,125 and the day’s low at Rs 70,463. Gold futures touched the highest level this month at Rs 73,958.
The shine of silver also fades
The benchmark May contract of silver on MCX opened today with a fall of Rs 408 at Rs 80,171. At the time of writing the news, this contract was trading at a price of Rs 79,869 with a fall of Rs 710. At this time it touched the day’s high at Rs 80,171 and its low at Rs 79,864. This month, silver futures had touched the highest level of Rs 86,126 per kg.
Gold and silver sluggish in international market
Gold and silver futures prices in the international market started with weakness today. Gold opened at $ 2,342.30 an ounce on Comex. The previous closing price was $2,346.40. At the time of writing the news, it was trading at a price of $ 2,315.30 an ounce, down by $ 31.10. Silver futures on Comex opened at $27.20, the previous closing price was $27.24. At the time of writing the news, it was trading at a price of $ 26.91 an ounce with a fall of $ 0.33.
Business Desk: There was a fear of war between Iran and Israel but the tension between the two countries has reduced. Its effect is visible in the prices of gold and silver. Gold and silver prices are falling for the second consecutive day this week due to weak global trend amid easing tensions. On Tuesday too, the futures prices of gold and silver started soft.
The futures prices of both opened with a decline in the domestic market. At the time of writing the news, gold futures prices are trading around Rs 70,500, while silver futures prices are trading around Rs 79,850. The future prices of gold and silver in the international market also started sluggishly.
gold futures prices fell
The benchmark June contract of gold on Multi Commodity Exchange (MCX) opened today with a fall of Rs 72 at Rs 71,125. At the time of writing, this contract was trading at Rs 70,496 with a fall of Rs 701. At this time it touched the day’s high at Rs 71,125 and the day’s low at Rs 70,463. Gold futures touched the highest level this month at Rs 73,958.
The shine of silver also fades
The benchmark May contract of silver on MCX opened today with a fall of Rs 408 at Rs 80,171. At the time of writing the news, this contract was trading at a price of Rs 79,869 with a fall of Rs 710. At this time it touched the day’s high at Rs 80,171 and its low at Rs 79,864. This month, silver futures had touched the highest level of Rs 86,126 per kg.
Gold and silver sluggish in international market
Gold and silver futures prices in the international market started with weakness today. Gold opened at $ 2,342.30 an ounce on Comex. The previous closing price was $2,346.40. At the time of writing the news, it was trading at a price of $ 2,315.30 an ounce, down by $ 31.10. Silver futures on Comex opened at $27.20, the previous closing price was $27.24. At the time of writing the news, it was trading at a price of $ 26.91 an ounce with a fall of $ 0.33.