On Thursday, the futures of gold and silver witnessed a significant increase. On the Multi Commodity Exchange (MCX) at 10:14 am, the price of gold delivered in February was trending at Rs 50,748 per 10 grams with a rise of Rs 239 i.e. 0.47 percent. Earlier on Wednesday, the closing price of April contract gold was at Rs 50,554 per 10 grams.
At 10:15 am on March 2021 on the Multi Commodity Exchange, silver was trading at Rs 69,590 per kg, up to Rs 173, or 0.25 percent.
According to Bloomberg, gold was trading at $ 1,919.60 an ounce, a rise of $ 11, or 0.58 percent, on Comex. However, gold prices fell in the spot market.
Silver was trading up $ 0.14, or 0.53 percent, at $ 27.19 an ounce. On the other hand, in the spot market, silver was down by $ 0.22, or 0.80 percent, to close at $ 27.07 an ounce.