Gold Prices Today: Gold Futures Decline; Silver Trades Above Rs 61,100
NDTV
Gold futures fell sharply on Friday, February 4, amid steady international spot rates.
Gold Price In India: Gold futures fell sharply on Friday, February 4, amid steady international spot rates. On the Multi Commodity Exchange (MCX), gold futures, due for a February 4 delivery, were last seen 1.77 per cent lower at Rs 47,000, compared to the previous close of Rs 47,849. #Gold and #Silver Opening #Rates for 04/02/2022#IBJApic.twitter.com/ZVhHUyCpk7
On the other hand, silver futures surged as participants widened their bets. Silver futures due for a March 4 delivery were last seen 0.64 per cent higher at Rs 61,119 against the previous close of Rs 60,732.
Domestic spot gold with a purity of 24 carats opened at Rs 48,168 per 10 grams on Friday, and silver at Rs 60,751 per kilogram - both rates excluding GST (goods and services tax), according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).
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