Gold Prices today: Gold and silver prices fall, gold futures pick up.
New Delhi:
Gold-Silver Price Updates: A drop in the prices of gold has been seen in the last few days. Prices of precious metals have also come down in international markets. Silver prices also saw a significant decline. Gold fell to a low of Rs 130 on Tuesday at Rs 46,093 per 10 grams at the Delhi Bullion Market amid a fall in the prices of precious metals in the international markets. HDFC Securities gave this information. On the previous day, the price had closed at 46,223.
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Silver also fell by Rs 305 to Rs 66,040 per kg. Silver had closed at 66,345 in the previous trading session. In the international market, gold was down at $ 1,726 an ounce. Silver remained almost unchanged at $ 24.89 an ounce.
Boom in gold future
On Tuesday, gold rose by Rs 39 to Rs 46,458 per 10 grams in futures trade on speculators buying fresh deals due to strong spot demand. On the Multi Commodity Exchange, the price of delivery gold futures rose by Rs 39, or 0.08 per cent, to Rs 46,458 per 10 grams in the month of June. It traded for 11,471 lots.
Silver futures prices also sprung
Due to strong spot demand, traders increased the size of their deals, which led the silver futures to rise by Rs 310 to Rs 66,438 per kg in the futures market on Tuesday. At the Multi Commodity Exchange, silver for delivery in May rose by Rs 310, or 0.47 per cent, to Rs 66,438 per kg, with a turnover of 9,365 lots.
(This news has not been edited by the NDTV team. It has been published directly from the Syndicate feed.)