Gold Silver Price Update: Silver prices fell rapidly, competition of buyers in the market, know the latest price of gold…
Gold Silver Price Update: This week, there has been a continuous fluctuation in the prices of gold and silver. On Thursday, the price of silver has declined, while the price of gold has seen a slight increase.
Earlier on Wednesday, there was a jump in the price of both gold and silver. On July 4, the price of gold has increased by Rs 70 per 10 grams, while the price of silver has fallen by about Rs 400 per kg.
Latest Gold Price on 4th July (Gold Silver Price Update)
On the Multi Commodity Exchange i.e. MCX, gold with futures delivery on August 5 is trading at Rs 72463 per 10 grams, while gold with futures delivery on October 4 is trading at Rs 72834 per 10 grams.
Earlier, in the last trading session on Wednesday, gold for future delivery on August 5 closed at Rs 72403 per 10 grams, while gold for future delivery on October 4 closed at Rs 72780.
fall in the price of silver
On the other hand, if we talk about silver, today the price of silver on MCX has seen a decline of about Rs 400 per kg. After which the silver for future delivery of 5 September is trading at the rate of Rs 91617 per kg. Apart from this, the silver for future delivery of 5 December is trading at the rate of Rs 94333 with a decline of Rs 372 per kg.
This is the condition of the American market
On Thursday, gold prices in the US market showed weakness. After which the hope has increased that the Federal Reserve may cut interest rates in September itself.
Spot gold rose 0.3 percent to $2,362.10 per ounce by 0200 GMT, after touching a two-week buying level in the previous trading session, while gold futures were little changed at $2,369.80. Spot silver rose 0.2 percent to $30.54.
