If you are going to buy gold and silver then today you have a good chance. Gold prices on Tuesday fell by Rs 350 to Rs 60,170 per 10 grams in the bullion market in the national capital amid a fall in the prices of the precious metal globally. HDFC Securities gave this information. In the last trading session, gold had closed at Rs 60,520 per 10 grams. Silver also declined by Rs 660 to Rs 72,880 per kg.
HDFC Securities Senior Analyst (Commodities) Saumil Gandhi said, “Spot gold prices declined by Rs 350 to Rs 60,170 per 10 grams in the Delhi Bullion Market.” while silver also declined to $23.32 an ounce. Gold prices declined in Asian trading hours on Tuesday.
silver futures fall
Silver prices on Tuesday declined by Rs 1,273 to Rs 71,460 per kg in futures trade as participants reduced their positions amid weak demand in the spot market. On the Multi Commodity Exchange, silver for delivery in July fell by Rs 1,273, or 1.75 per cent, to Rs 71,460 per kg. There was a turnover of 14,243 lots. Globally, silver declined 1.95 per cent to USD 23.40 an ounce in New York.
fall in gold futures prices
Gold prices on Tuesday fell by Rs 377 to Rs 59,864 per 10 grams in futures trade as speculators created fresh positions amid strong demand in the spot market. On the Multi Commodity Exchange, the contract for delivery in June declined by Rs 377, or 0.63 per cent, to Rs 59,864 per 10 grams. There was a turnover of 9,148 lots. Market analysts said off-loading of positions by participants mainly influenced the fall in gold futures prices.