Today there is a sharp decline in the price of gold. According to the news, the futures of the June delivery on the futures market i.e. MCX fell to about 4,186 i.e. 4.3% in Intrade today. However, later its expressions were managed. Both domestic and global prices of gold have been seen trading with great decline. Silver prices also recorded a decline.
On Monday morning, on the MCX Exchange, the delivery gold of 5 June 2025 was seen trading at Rs 94,060 per 10 grams with a drop of Rs 2.55 per cent or Rs 2458 per 10 grams.
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According to experts, the prices of precious metals have come down due to recession, dollar strength, and low demand from investors in the global market. This decline can be a golden opportunity for buyers, especially for those who are planning to buy gold and silver for marriage or investment.
What should be the price in the local market
According to the India Bullion and Jewelers Association (IBJA), today the price of 24 carat gold fell to about ₹ 93,100 per 10 grams. At the same time, the price of 22 carat gold was recorded around ₹ 85,300 per 10 grams. The price of gold has decreased by ₹ 1,800 as compared to the previous week. Gold is also trading at a level of ₹ 93,000 per 10 grams on the Multi Commodity Exchange (MCX). Input agencies edited by: Sudhir Sharma
