On Thursday, gold prices fell from Rs 73 to Rs 47,020 per 10 grams as the ula hoops dampened their deals amid weak demand. At the same time, silver prices rose from Rs 499 to Rs 69,542 per kg. However, crude oil prices have dropped from Rs 20 to Rs 4,758 a barrel.
Gold prices on the Multi Commodity Exchange fell by Rs 73 per 10 grams or 0.16 per cent to Rs 47,020 in June. It traded for 10,290 lots. According to analysts, traders canceled their deals amid weak demand as gold prices slowed. Globally, gold in New York rose 0.22 per cent to $ 1,778.80.
Silver futures prices go up
Due to strong spot demand, traders increased their businesses, with a gain of Rs 499 per kg on Thursday and Rs 69,542 in future trading. Silver prospects on the Multi Commodity Exchange have shrunk by Rs 499 or 0.72 per cent to Rs 69,542 per kg. The futures contract traded for 7,193 lots.
Gold Price Latest: Gold-silver Price Change, 22 Carat Gold Price Rs
Market analysts said the trend in the domestic market was due to the rise in silver futures as traders bought new businesses. Globally, silver rose 0.27 percent to $ 26.39 per ounce in New York.
The future of crude oil will fall
Crude oil fell by Rs 20 to close at Rs 4,758 in early trading on Thursday. On the Multi Commodity Exchange, Kuchel’s May delivery deal is priced at Rs 20 per barrel. Or 0.42 per cent down to Rs 4,758, with a trading volume of 7,223 lots.
The stock market lost in the early morning, the Sensex fell below 50000
Market analysts say crude oil prices have fallen in the future. Globally, however, New York’s West Texas Intermediate crude price rose 0.30 percent to $ 64.05 a barrel. At the same time, Brent crude, which is considered a global benchmark, rose 0.37 percent to 5 67.52 per barrel.
