Gold and silver price: Gold prices increase, silver shines dim, know what happened to the prices?

Gold and Silver Price - India TV Paisa
Image: File Price of gold and silver

Gold Silver Price on January 3, 2024: The domestic futures market saw gold prices rise and silver prices fall on Wednesday afternoon. Gold for delivery on Wednesday afternoon, February 5, 2024, was seen trading at Rs 63,302 per 10 grams, up 0.07 per cent or Rs 45 on the MCX exchange. Gold has started the new year flat. On the one hand, the dollar index and U.S. bond yields have risen marginally, holding back gold prices. On the other hand, gold is holding up due to expectations of a rate cut by the Fed. On the global market, a mixed trend was seen in gold and silver prices on Wednesday afternoon.

Fall in silver futures

The domestic silver futures price (silver price today) recorded a decline on Wednesday afternoon. On Wednesday afternoon, silver for delivery on March 5, 2024 was seen trading at Rs 73,905 per kg, down 0.26 percent or Rs 190 on the MCX exchange.

The world price of gold

On the global market, spot gold prices fell on Wednesday afternoon and gold futures rose. Gold futures on Comex were seen trading down 0.02 percent, or $0.50, at $2,072.90 an ounce. Meanwhile, the global spot price of gold was seen trading at $2064.81 per ounce with an increase of 0.28 percent or $5.85.

The world price of silver

Global silver prices saw a decline on Wednesday afternoon. Global silver futures were trading down 0.35 percent, or $0.08, at $23.87 an ounce on Wednesday afternoon. Along with this, the global spot price of silver was seen trading at $23.66 per ounce with a decrease of 0.02%.

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