23 July 2020-Gold Price Today: Silver futures fall, gold continues to rise, know what are the prices

Gold Price Today: Silver futures fall, gold continues to rise, know what are the prices

23 July 2020 gold rate today,आज का सोने का भाव, 23 July gold price,sone ka bhav aaj ka

Silverfutures prices fell on Thursday. The silver futures of September 4, 2020 fell by Rs 434 to trend at Rs 60,681 per kg on MCX exchange on Thursday morning at 9:00 am. Apart from this, the futures price of silver on December 4, 2020 was trending at Rs 62,000 per kg, falling by Rs 369 at 9.9 am on Thursday. Internationally, both silver futures and spot prices have fallen on Thursday morning. Earlier on Wednesday, the price of silver had seen a tremendous increase.

23 july 2020, aaj ka sone ka bhav ! Gold price today ! Gold rate today, Aaj sone chandi Gold rate today gold price today all over major cities

At the same time, there is a continuous rise in the price of gold in the domestic futures market. On August 5, 2020 gold futures on MCX was trending at Rs 50,246 per 10 grams, rising 0.34 per cent or Rs 168 on Thursday. This is the highest level of gold ever recorded. Apart from this, the futures price of gold on October 5, 2020 was up by 0.39 percent or 198 rupees on Thursday morning at Rs 50,435 per 10 grams. This is the highest level of this gold ever. Similarly, the futures of gold on December 4, 2020 also trended to a record high of Rs 50,567 per 10 grams, rising 0.64 per cent or Rs 320 on Thursday morning.

Gold price globally

Talking about the global market, on Thursday morning, gold futures on Comex showed a rise of 0.30 percent or $ 5.60 to trade at $ 1,870.70 an ounce. In addition, the global spot price of gold at this time was down by 0.08 percent or $ 1.43 to trade at $ 1,869.98 an ounce.

Silver price globally

The global futures price of silver was trading 0.80 per cent, or $ 0.18, at $ 22.96 an ounce on Comex on Thursday. At the same time, the global spot price of silver was seen trending at $ 22.67 an ounce, down 1.41 percent or $ 0.32 at this time.

Know how deals are done in the futures market

Goldis traded in two ways. One in the futures market and the other in the spot market. The futures market is also called commodity exchange. In the futures market, the commodity is sold and purchased digitally. In the futures market, deals are made in future prices based on the old and new prices of the commodity. There are deals in this market up to a fixed date. The futures market has a direct impact on the spot market. There is no big difference between the price of the commodity in the spot market and the futures market.
Reports- Prabir Rai Chaudhuri

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