New Delhi, due to the coronavirus, has a lockdown situation in about 90 percent of the places in the country. This lockdown has also had a direct impact on industrial and business activities. Spot gold markets remained closed on Tuesday due to the lockdown in major cities of the country. Central and state governments have announced a lockdown in several districts of the country to break the chain of infection with the coronavirus (Covid-19). At the same time, the global spot and futures prices of gold and silver have seen a rise on Tuesday.
Talking about the international market, there has been an increase in both gold and silver. Globally, gold was trending at $ 1,574 an ounce and silver at $ 13.70 an ounce on Tuesday.
At the same time, the futures prices of gold have seen a surgeon Tuesday evening. On Tuesday evening of April 3, 2020 gold futures on the MCX exchange were up by 1.82 percent or Rs 749 to Rs 41,912 per 10 grams. At the same time, the futures price of gold on June 5, 2020, was currently trading at Rs 42,730 per 10 grams, with an increase of 2.58 percent or Rs 1,073.
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Talking about the futures prices of silver, it has also seen a spurt on Tuesday evening. Silver futures of May 5, 2020, on MCX were seen trending at Rs 40,086 per kg on Tuesday evening by 5.73 percent or Rs 2,174.
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