Gold, silver record hike on MCX | Check latest prices here

gold, silver record hike on mcx | check latest prices here

Gold, silver record hike on MCX | Check latest prices here

The prices of both gold and silver have changed on the Multi Commodity Exchange (MCX). The precious metals are retailing on the higher side of MCX.

With a hike of Rs 240 or 0.48 per cent, gold futures, maturing on October 5, 2021, stood at Rs 50,300 per 10 grams on the MCX.

Meanwhile, silver futures maturing on December 5, 2022, were retailing at Rs 57,162 per kg on the MCX with a jump of Rs 1,101 or 1.94 per cent.

When the market closed, gold stood at Rs 50,194 per 10 grams, whereas silver was at Rs 56,858 per kg on the MCX.

GOLD AND SILVER PRICES

CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 47,000 Rs 57,400
BANGALORE Rs 46,900 Rs 62,500
MUMBAI Rs 46,850 Rs 57,400
CHENNAI Rs 47,050 Rs 62,500

The gold and silver prices in India depend on several factors, such as the value of the rupee against the dollar, and global demand plays a key role in determining the trends observed in the rate of precious metals. Due to the deadly spread of coronavirus across the country, these prices have been affected.

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