Gold and Silver are trading on the lower side of the Multi Commodity Exchange. Check out the most recent city-specific pricing here...
Digital Desk: After trading on the higher side of the Multi Commodity Exchange for three days this week, gold and silver are now trading on the lower side of the exchange (MCX).
Gold futures, which expire on February 3, 2023, fell by Rs 320 and 0.59 percent on the MCX. It was selling for Rs 54,348 per gramme.
Meanwhile, silver futures, which mature on March 3, 2023, fell as well, and were trading at Rs 68,210 per kg. Silver fell by Rs 1,201, or 1.73 percent.
Gold futures, which mature on February 3, 2023, surged on Wednesday and were trading at Rs 54,770 per 10 kilos when the market opened. Silver prices due on March 3, 2023, increased by Rs 244 or 0.35 percent yesterday, trading at Rs 68,866 a kg.
PRICES FOR GOLD AND SILVER IN MAJOR CITIES-
CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 50,450 Rs 71,000 MUMBAI Rs 50,300 Rs 71,000 KOLKATA Rs 50,300 Rs 71,000 HYDERABAD Rs 50,300 Rs 71,000 PUNE Rs 50,300 Rs 71,000 AHMEDABAD Rs 50,350 Rs 74,000 JAIPUR Rs 50,450 Rs 71,000 CHENNAI Rs 51,000 Rs 74,000
Gold and silver prices in India are determined by a variety of factors, including the value of the rupee against the US dollar. Global demand is very important in driving the trends in precious metals rates.
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