Due to weak spot demand, traders cut their deals, with a loss of 0.06 per cent on Friday’s trading at Rs 49,190 per 10 g. On the Multi Commodity Exchange, the futures price of the issuing gold was Rs. Or 0.06 per cent to Rs 49,190. It traded for 7,211 lots. However, in New York, the international market, gold trades at 85 1,851.70 per ounce, up 0.02 per cent.
Gold price today: Gold and silver at bullion market at Rs 316
Silver prospects fall on weak demand
Due to weak spot demand, traders reduced the size of their businesses so that silver futures in the Friday market fell to Rs 65,798 from Rs 885 per kg on Friday. At the Multi Commodity Exchange, silver was issued for 885 silver in March. Or a decrease of 1.33 per cent to Rs 65,798 per kg, with a turnover of 12,006 lots. Globally, silver fell 1.36 per cent to $ 25.45 in New York.
Crude oil futures prices also fall
Due to weak demand, traders reduced their trading volume by 0.31 per cent to $ 3,887 per barrel. On Multi Commodity Exchange, crude oil lease delivery in January was Rs. Or 0.31 per cent lower at Rs 3,887 per barrel. It traded for 2,403 lots. Globally, West Texas Intermediate crude fell 0.82 percent to $ 53.13 a barrel in New York, while Brent crude fell 1.13 percent to $ 55.78 a barrel.
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