- On Friday, gold and silver prices crashed
- Gold prices fell by Rs 550 on Friday
- Silver prices fell by around Rs 1100
Gold and silver have seen huge fluctuations on the last day of business. Today i.e. Friday, July 19, there has been a huge crash in gold and silver. The price of gold has decreased by around 350 rupees while the price of silver has decreased by around 1200 rupees. Earlier on Thursday, there was a general rise in the rate of gold-silver.
New gold price for Friday 19 July
Earlier on Thursday, gold for August 5 futures delivery closed at Rs 74155 per 10 grams, while gold for October 4 futures delivery closed at Rs 74638 per 10 grams. Apart from this, gold for delivery on December 5 closed at the rate of Rs 75170 per 10 grams.
The trade was closed at this level on Thursday
Prior to this, gold per 10 grams for future delivery on Thursday, August 5 was priced at Rs. 74155, while gold for future delivery on October 4 was Rs. 74638 per 10 gm was closed. Apart from this, gold closed at Rs 75170 per 10 grams with future delivery on December 5.
Sharp decline in silver prices
Silver prices have seen a huge drop on Friday as well. On MCX today, silver for future delivery on September 5 was Rs. 968 down to Rs. 90804 per kg, while silver for future delivery on December 5 was trading at Rs. 951 down to Rs. 93504 per kg is being traded. Apart from this silver for future delivery of March 5, 2025 Rs. 96313 is being traded.
The price of silver was as follows on Thursday
Earlier, in the last trading session on Thursday, silver for delivery on September 5 closed at the rate of Rs 91,772 per kg, while silver for delivery on December 5 closed at Rs 94,455. Apart from this, silver with future delivery on March 5, 2025 closed at the rate of Rs 97463 per kg.
