On Monday, the first trading day of the week, gold prices fell in the futures market. On August 5, 2020, the futures price of gold on MCX Exchange was down by Rs 113 at 9.37 am on Monday and was trending at Rs 46,991 per 10 grams.
Apart from this, on October 5, 2020 gold futures on MCX was trending at Rs 47,140 per 10 grams, falling by Rs 98 to 9.45 am on Monday. At the same time, the futures price of gold on June 5, 2020 was falling by Rs 94 at 9.6 am on Monday morning to trend at Rs 46,560 per 10 grams.
Talking about silver in the futures market, its prices set a new record on Monday. On Monday morning, silver futures of MCX were trending at an all-time high of Rs 51,065 per kg on July 3, 2020 on MCX.
Apart from this, the futures price of silver on September 4, 2020 was up by 945 rupees on Monday morning at an all-time high of Rs 51,697 per kg.
Talking of international level, both gold futures and spot prices have seen a spurt on Monday morning. According to Bloomberg, the global futures price of gold was trading 0.37 per cent, or $ 6.50, at $ 1758.20 an ounce on Comex on Monday morning.
At the same time, the global spot price of gold was trending at $ 1,742.02 an ounce, rising 0.68 percent or $ 11.75.