New Delhi: Both gold and silver prices experienced an increase on the Multi Commodity Exchange (MCX) on Wednesday, July 24, 2024.
Gold futures with a maturity date of August 5, 2024, were priced at Rs 68,865 per 10 grams on the MCX, following a Rs 355 increase or 0.52 percent. The last recorded value was Rs 68. At the same time, silver futures expiring on September 5, 2024, experienced a slight increase of Rs 287 or 0.34 percent and were selling at Rs 85,206 per kilogram on the MCX compared to the last closing price of Rs 84,919.
The prices of gold and silver in India are influenced by various factors, such as the strength of the rupee compared to the dollar. The rate of precious metals is also influenced significantly by worldwide demand.
GOLD PRICE in the CITY (per gram, 22 carats) SILVER PRICE (per kilogram): NEW DELHI Rs 6,510 Rs 87,500 representing the same amount. Mumbai costs Rs 6,495 and Rs 87,500, KOLKATA Rs 6,495 to Rs 85,500, CHENNAI Rs 6,490 Rs 92,000 - City in India with prices ranging from 6,490 to 92,000 rupees.
The prices of gold and silver in India are influenced by various factors, one of which is the value of the rupee compared to the dollar. The trends seen in the price of precious metals are also influenced significantly by international demand.
FIRST Business Portal addressing the potential of business capability of North East Region.
