5 days ago

Gold Rises Over Two Days While Silver Futures Fall

Gold Rises Over Two Days While Silver Futures Fall
Gold Gains Rs 309, Silver Falls Rs 735 In Futures Trade · deccanchronicle.com

Gold and silver prices changed in different ways during futures trading on Thursday and Friday.

Gold prices increased on both days.

Traders bought new gold positions, and demand in the regular market was firm.

On Thursday, gold reached Rs 1,53,994 for 10 grams.

On Friday, it was quoted at Rs 1,52,650 for 10 grams.

Silver prices fell in India on both days because traders reduced their positions.

Gold also rose in international trading on both days.

International silver prices rose on Thursday but fell on Friday.

Key facts

Thursday gold
Rose Rs 231 to Rs 1,53,994 per 10 grams; the October contract gained 0.15%.
Friday gold
Rose Rs 309 to Rs 1,52,650 per 10 grams; the October contract gained 0.20%.
Thursday silver
Fell Rs 568 to Rs 2,43,645 per kilogram; the December contract declined 0.23%.
Friday silver
Fell Rs 735 to Rs 2,33,364 per kilogram; the December contract declined 0.31%.
Thursday turnover
Gold recorded 867 lots and silver recorded 1,262 lots on the Multi Commodity Exchange.
Friday turnover
Gold recorded 10,209 lots and silver recorded 13,394 lots on the Multi Commodity Exchange.
International prices
Gold rose 0.47% to USD 4,419.57 per ounce on Thursday and 0.44% to USD 4,387.97 on Friday; silver rose 0.50% to USD 67.63 on Thursday but fell 0.84% to USD 64.381 on Friday.

Sources

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