New Delhi, Business Desk. Today, on Tuesday, February 11, 2020, there’s a vital decline in gold and silver futures costs. Not solely this, international costs of gold and silver are additionally seen declining on Tuesday morning. According to Bloomberg, the worldwide gold spot value was trending at $ 1567.49 an oz. on Tuesday morning, down 0.30 p.c or $ 4.66. At the identical time, the spot value of silver was down by 0.12 p.c or $ 0.02 to commerce at $ 17.75 an oz..
Talking in regards to the futures market, the futures value of gold on the MCX trade on April 3, 2020 was down by 0.63 per cent or Rs 257 on Tuesday morning and was trending at Rs 40,422 per 10 grams. Talking in regards to the futures value of gold on June 5, 2020, it noticed a decline of 0.63 per cent or Rs 257 on Tuesday morning, attributable to which it was trending at Rs 40,590 per 10 grams.
On the MCX trade, silver futures are additionally seen declining on Tuesday. <! –
On Tuesday morning, the futures value of silver was declining by 0.43 per cent or Rs 199 to Rs 46,030 per kg on March 5, 2020.
It is value noting that within the earlier session, gold had gained Rs 52 to Rs 41,508 per 10 grams on Monday and silver had gained Rs 190 to Rs 47,396 per kg.
At the identical time, there is a rise in futures costs of crude oil on Tuesday morning. On February 19, 2020, crude oil futures on the MCX trade had been trending at Rs 3580 per barrel, rising by 1.10 per cent or Rs 39.