Gold, Silver faces fall, know price

Gold prices fell on Monday in the futures market. On Monday, the gold futures on June 5, 2020, on the MCX exchange fell by 0.14 percent, or Rs 61, to close at Rs 43,484 per 10 grams. At the same time, the gold futures of April 3, 2020, closed at Rs 43,800 per 10 grams, with a rise of 0.53 percent or Rs 229 on Monday. At the same time, the global spot price of both gold and silver has seen a decline on Monday.

On Monday, the prices of silver in the futures market fell sharply. On May 5, silver futures on MCX closed at Rs 39,835 per kg, down 2.59 percent or Rs 1059 on Monday.

On the international level, the global spot gold on Monday evening fell 0.52 percent or $ 8.41 to $ 1,619.75 an ounce and the silver global spot fell by 2.94 percent or $ 0.43 to $ 14.04 an ounce. was doing.

The entire lockdown of 21 days is in force in the country since Wednesday due to the coronavirus epidemic. Due to this lockdown, all industrial and business activities have been closed except for essential services. This is why the spot gold markets remained closed on Monday.