Gold Price Today on 19th September 2024 : The direct impact of the cut in interest rates in the US is being seen on gold prices. The Federal Reserve cut the interest rate by 0.50 percent on Wednesday night. This has put pressure on gold. Gold was seen trading with a decline in the domestic futures market on Thursday morning. In early trade on the MCX exchange, gold for delivery on December 5, 2024 was seen trading at Rs 73,489 per 10 grams, down 0.30 percent or Rs 218. At the same time, gold for delivery on October 4, 2024 was seen trading at Rs 72,830 per 10 grams, down 0.31 percent or Rs 225.
silver futures price
Along with gold, domestic futures prices of silver also saw a decline on Thursday morning. Silver for delivery on December 5, 2024 on the MCX exchange was seen trading at Rs 88,269 per kg with a marginal decline of 0.03 per cent or Rs 30.
Gold on a global scale
In the global market, gold prices on Comex have seen a decline. It was seen trading at $2,587.90 an ounce, down 0.41 percent or $10.70. At the same time, the global spot price of gold was seen trading at $2,562.70 an ounce, down 0.15 percent or $3.79.
Silver on a global scale
There has been a decline in the futures prices of silver globally. On Thursday morning, the price of silver on Comex was seen trading at $30.68 per ounce with a fall of 0.02 percent or 0.01 dollar. On the other hand, silver spot was seen trading at $30.34 per ounce with a rise of 0.87 percent or 0.26 dollar.
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