Silver and Gold Price: There is a big reversal in the prices of gold and silver on Monday. On the first day of the week, on one hand there is a big fall in the prices of gold. On the other hand, today once again a rise in the price of silver is being seen. On Monday, on the Multi Commodity Exchange (MCX), gold is trading in the red and silver is trading in the green. Around 11.12 am, gold for delivery on June 5 was trading at Rs 1,52,202 per 10 grams, down 0.22 percent (Rs 328). Whereas, silver prices for delivery on July 3 were trading at Rs 2,62,502 per kg with an increase of 0.22 percent (Rs 580).
Tremendous fluctuations in the prices of gold and silver
On Monday, gold for delivery on June 5 opened with a slight fall at Rs 1,52,487 per 10 grams, which had closed at Rs 1,52,530 per 10 grams on Friday last week. During today’s trading, the price of gold has reached from an intraday high of Rs 1,54,434 per 10 grams to Rs 1,51,892 per 10 grams. On the other hand, silver prices for delivery on July 3 also opened with losses today at Rs 2,64,535 per kg, which had closed at Rs 2,61,922 on Friday. During trading today, the price of silver had ranged from an intraday high of Rs 2,64,922 per kg to an intraday low of Rs 2,61,800 per kg.
On Friday, gold and silver closed with a slight decline in the bullion market.
Let us tell you that on Friday last week, a fall in the prices of both precious metals, gold and silver, was recorded in the bullion market of Delhi. However, only minor losses were seen in the prices of gold and silver on Friday. According to All India Bullion Association, on Friday, silver prices in Delhi’s bullion market fell marginally by Rs 200 and closed at Rs 2,61,300 per 1 kg. Apart from silver, a slight fall of Rs 100 was recorded in the price of gold of 99.9 percent purity in Delhi’s bullion market, after which it came down to Rs 1,55,900 per 10 grams.
