Gold Price on 28 April: Gold futures fall, silver also falls, know what has happened

New Delhi, Business Desk. The futures market has seen a fall in gold prices on Monday. The gold futures on June 5, 2020 fell 0.37 per cent, or Rs 172, to trade at Rs 46,355 per 10 gram on the MCX exchange on Monday evening. At the same time, the gold futures price of 5 August 2020 was trading at Rs 46,511 per 10 gram on MCX on Monday evening, falling by 0.40 per cent or Rs 186. Gold and silver spot markets in India remained closed on Monday due to the lockdown. 

Talking about silver, futures prices were also seen falling on Monday evening. On Monday evening, silver futures on May 5, 2020 fell by 0.11 per cent or Rs 48 to trade at Rs 42,003 per kg on the MCX exchange. Talking about the futures price of silver on July 3, 2020 in the futures market, it was trading at Rs 42,678 per kg on MCX on Monday evening, falling by 0.10 per cent or Rs 41. 

The global market was also seeing a decline in gold and silver prices on Monday evening. According to Bloomberg, the global spot price of gold was down 0.74 percent or $ 12.85 to trade at $ 1,716.75 an ounce on Monday evening. In addition, the global futures price of gold was trading at $ 1734.20 an ounce, falling 0.08 percent or $ 1.40 on Comex on Monday evening. At the same time, on the spot price of silver globally, it was trending at $ 15.21 an ounce, falling 0.27 percent or $ 0.04 on Monday evening.