Gold futures dip slightly in India’s MCX market; silver also falls
2023.11.13 01:17
© Reuters
In the latest trading session, India’s precious metal futures market witnessed a slight downturn. The Multi Commodity Exchange (MCX) of India reported a dip in due for delivery on December 5, which decreased by ₹87 or 0.15%, to close at ₹59,665 per 10 grams. The trading day saw gold prices fluctuating between ₹59,652 and ₹59,699.
Alongside gold, also experienced a decline. The December 5 contracts fell by ₹565 or 0.81%, ending the day at ₹69,467 per kilogram. This move in the precious metals market comes amidst a period of stability in global markets, where COMEX gold prices remained steady at $1938.8 per ounce.
In the retail market, Kolkata reported the highest prices across major Indian cities, with 24k gold reaching ₹62,070 for 10 grams.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
