Gold and silver futures ended with sharp declines in the previous session. While gold fell by over Rs 500 or 0.84%, silver futures fell by 2.05% or by Rs 1,545. On the Comex, Gold futures were trading at $1,949.20 per troy ounce on Friday, up by $3.50 or 0.54% while Silver futures trading at $24.285, lower by $0.082 or 0.340%.
The August gold futures were trading with minor gains at Rs 59,541 per 10 grams on the MCX when markets opened, up Rs 80 or 0.13% from Wednesday s closing price. Meanwhile, September Silver futures were trading at Rs 75,898 per kg, higher by Rs 574 or 0.76%.
Gold and silver futures ended in the green in the previous session. While gold rose 0.13%, silver futures fell 0.91%, at the close on Tuesday. On the Comex, Gold futures were trading at $1,964.20 per troy ounce on Wednesday, up $0.50 or 0.03% while Silver futures trading at $24.750, up $0.074 or 0.30%.