New Delhi: Gold futures traded in the negative territory on Friday, July 23, as the yellow metal mirrored global trends – wherein international markets, the yellow metal headed for its first weekly fall in five. On the Multi Commodity Exchange (MCX), gold futures due for an August 5 delivery, were last seen trading lower by ₹ 75 – or 0.16 per cent – at ₹ 47,559, compared to their previous close of ₹ 47,634. Silver futures due for a September 3 delivery were last down 0.07 per cent at ₹ 67,329 against a previous close of ₹ 67,374.
Domestic spot gold opened at ₹ 47,922 per 10 grams on Friday, and silver at ₹ 67,345 per kilogram – both rates excluding GST, according to Mumbai-based industry body India Bullion and Jewellers Association (IBJA).