Gold and silver prices continued to fluctuate on Monday, October 5, with the two precious metals moving in opposite directions in the Indian bullion market. Gold prices declined at the start of trading, while silver prices recorded a sharp rise. Gold and silver also moved in different directions in the international market and on the Multi Commodity Exchange (MCX).
In the international market, both Gold Price and Silver Price recorded gains on Monday. During trading on Comex, gold prices rose by around 0.06% to reach $4,164.80 per ounce. Silver prices increased by around 1.46% to trade at around $61.300 per ounce.
In the domestic bullion market, gold prices declined on Monday. After trading began, gold prices reached around ₹1.49 lakh per 10 grams. In contrast, silver prices traded at around ₹2.26 lakh per kilogram.
Gold also recorded a decline on the Multi Commodity Exchange (MCX). During trading, October-delivery gold fell by around ₹1,043 to ₹1,49,347 per 10 grams. Silver, meanwhile, rose by around ₹697 to reach ₹2,26,393 per kilogram.
During trading, 24-carat gold was around ₹1,49,540 per 10 grams, while 22-carat gold was priced at approximately ₹1,37,078 per 10 grams. Eighteen-carat gold traded at around ₹1,12,155 per 10 grams. Silver was around ₹2,26,770 per kilogram.
