On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs 346 or 0.63 per cent to Rs 54,689 per kg in a business turnover of 24,509 lots.
Gold became dearer by Rs 210 in Friday's early trade as 10 gram of 24-carat of yellow metal is currently trading at Rs 51,160
(Reuters) - Gold slumped more than 2% to a near one-year low on Thursday, as the dollar extended its sharp rally while expectations grew for a steep interest rate hike from the Federal Reserve.
The rate of silver went up by Rs 5,300 per kg from the previous day's closing price, selling at Rs 62,500 on Wednesday
Gold prices remain unchanged in Tuesday's early trade as 10 gram of 24-carat of yellow metal is currently trading at Rs 51,210
In Delhi, Mumbai, and Kolkata, 10 gram of 24-carat gold is selling at Rs 51,210
The MCX Gold futures need to cross and sustain above Rs 51,350 to regain upward momentum; Silver futures has near support at Rs 56,100.
Silver prices also remain unchanged with one kg of precious metal trading at Rs 57,000
Silver is selling at Rs 57,000 per kg today
Silver, on the other hand, is also witnessing a losing streak as the precious metal falls Rs 2,000. One kg of silver is currently selling at Rs 56,900
Silver is trading at Rs 57,800 per kg on Wednesday. after an increase of Rs 1,100
Gold and silver prices remain unchanged in Tuesday's early trade as 10 gram of 24-carat of the yellow metal is selling at Rs 52,340
Gold futures are likely to trade with a bullish bias as long as they hold above Rs 51,535 in the entire month of July; Silver futures could decline towards Rs 53,850.
In Chennai, 10 gram of 24-carat and 22-carat gold is trading at Rs 52,280 and Rs 47,920 respectively
Meanwhile, silver prices also rise by Rs 400 per kg, with the precious metal trading at Rs 59,000
Gold prices fell by Rs 110 in Friday's early trade from the previous day's rate, with 10 gram of yellow metal (24-carat) trading at Rs 50,890
Gold futures need to break above Rs 51,300 for fresh gains to emerge, on the downside break of Rs 50,300 can trigger a slide to Rs 49,400-odd level.
Silver, unchanged on Monday, is trading at Rs 59,800 per kg
Silver too opened in the low and is trading at Rs 60,000 per kg. The precious metal is down by Rs 200 as compared to previous day's rate.
The prices of silver went down by Rs 300 with the precious metal trading at Rs 60,200 per kg