According to data from India’s Multi Commodity Exchange (MCX), gold prices in India saw an uptick on Friday.
The price of gold stood at 73,280 Indian Rupees (INR) per 10 grams, representing an increase of INR 250 compared to Thursday’s price of INR 73,030.
However, futures contracts for gold witnessed a slight decline, with prices decreasing to INR 72,635 per 10 grams from the previous level of INR 72,898 per 10 grams.
In contrast, silver futures contracts experienced a modest rise, with prices increasing to INR 83,280 per kilogram from INR 83,273 per kilogram.
The fluctuations in gold and silver prices reflect the dynamic nature of commodity markets, influenced by various factors including global economic trends, geopolitical developments, and local demand dynamics. Investors and traders continue to monitor these price movements closely for potential trading opportunities and investment decisions.
