A big fall was recorded in the price of silver in Delhi bullion market today. The price of silver also fell by Rs 1,500 to Rs 83,200 per kg. In the previous trading session, silver had closed at Rs 84,700 per kg. Similarly, the precious metal gold also became cheaper. According to language news, according to HDFC Securities, the price of gold in Delhi fell by Rs 50 to Rs 72,250 per 10 grams. In the last trading session it had closed at Rs 72,300 per 10 grams.
price in international market comex
According to the news, amid the weak trend in the global markets, HDFC Securities Senior Analyst (Commodity) Saumil Gandhi said that spot gold (24 carat) was trading at Rs 72,250 per 10 grams in Delhi markets, which was higher than the previous closing price. 50 rupees less. In the international market Comex (commodity market), spot gold was trading at $ 2,308 an ounce, which is a fall of two dollars from the previous closing price. Gandhi said gold fluctuated in a tight range above $2,300 an ounce as investors looked for fresh cues about US inflation and the Federal Reserve’s interest rate stance. Silver was also trading marginally higher at $27.50 an ounce. In the last trading session, silver had closed at $ 27.15 an ounce.
Silver price in futures trading
Silver prices rose by Rs 444 to Rs 83,438 per kg in futures trade on Thursday as traders increased the size of their deals amid strong spot demand. On the Multi Commodity Exchange, the price of silver contract for delivery in July increased by Rs 444, or 0.53 percent, to Rs 83,438 per kg. 26,382 lots were traded in this. Market analysts said silver futures prices rose due to buying of fresh deals by traders due to a firm trend in the domestic market.
Gold became weak in futures trading
Amid weak spot demand, speculators reduced the size of their deals, due to which the price of gold fell by Rs 31 to Rs 71,096 per 10 grams in futures trade on Thursday. On the Multi Commodity Exchange, the price of the contract for delivery in the month of June fell by Rs 31 to Rs 71,096 per 10 grams. 15,605 lots were traded in this. Market analysts said gold futures prices fell due to weak global cues and profit-booking at higher levels.
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