For the third day in a row, both gold and silver prices are retailing on the higher side of the Multi Commodity Exchange (MCX) on Thursday, April 13.
Gold futures, maturing on June 5, 2023, stood at Rs 60,810 per 10 grams on the MCX, after recording a hike of Rs 170 or 0.28 per cent.Similarly, silver futures, maturing on May 5, 2023, also witnessed a jump of Rs 191 or 0.25 percent and were trading at Rs 76,225 per kg on the MCX.
The prices of gold and silver stood at Rs 60,628 per 10 grams and Rs 75,9113 per kg respectively when the market closed on April 12.
GOLD, SILVER PRICES IN MAJOR CITIES
CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 56,250 Rs 78,000
MUMBAI Rs 56,100 Rs 78,000
KOLKATA Rs 56,100 Rs 78,000
CHENNAI Rs 56,760 Rs 81,800
The gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals.
