June 6 (Punjab Khabarnama) : After the results of the Lok Sabha elections, there is a rise in the futures trading of gold and silver. Today, for the second consecutive day, the futures prices of both opened with a rise. At the time of writing the news, the futures price of gold was around Rs 73 thousand, while the futures price of silver was around Rs 91,700. There is a rise in the futures price of gold and silver in the international market.
Gold became expensive
The benchmark August contract of gold on the Multi Commodity Exchange (MCX) opened today with a rise of Rs 361 at Rs 72,879. At the time of writing the news, this contract was trading with a rise of Rs 407 at Rs 72,925. At this time it touched the day’s high at Rs 72,962 and the day’s low at Rs 72,879. The futures price of gold touched the highest level last month at Rs 74,442.
Silver futures prices shine
The benchmark July contract of silver on MCX opened today with a gain of Rs 395 at Rs 90,839. At the time of writing the news, this contract was trading at Rs 91,678 with a gain of Rs 1,234. At this time it touched the day’s high at Rs 91,698 and the day’s low at Rs 90,839. Last month, the silver futures touched the highest level at Rs 96,493.
Gold and silver futures prices rise in the international market
The gold futures price started sluggish in the international market. But later its prices rose. Silver started strong. Gold opened at $ 2,375.30 per ounce on Comex. The previous closing price was $ 2,375.50 per ounce. However, at the time of writing the news, it was trading at $ 2,389.90 per ounce with a gain of $ 14.40. Silver futures on Comex opened at $30.14, the previous closing price was $30.07. At the time of writing the news, it was trading at $30.61 per ounce, up by $0.54.