The Multi Commodity Exchange (MCX) saw an increase in the price of silver and gold on Thursday, August 1, 2024.
On the MCX, gold futures with a maturity date of October 4, 2024, were trading at Rs 70,005 per 10 grams after seeing a 0.50 percent or Rs 350 increase. The previous close was recorded at Rs 69,655.
In the meantime, silver futures maturing on September 5, 2024, rose by Rs 385 (0.46 percent) to Rs 83,981 per kg on the MCX, up from Rs 83,596 at the previous close.
Gold and silver prices in major cities
New Delhi: In New Delhi, 22-carat gold costs Rs 6,416 per gram. The price of silver in the capital city is Rs 86,600 per kilogram.
Mumbai: In Mumbai, 22-carat gold costs Rs 6,401 per gram. The price of silver in Mumbai is Rs 86,600 per kilogram, which is the same as in New Delhi.
Kolkata: 22-carat gold costs the same in Kolkata as it does in Mumbai: Rs 6,401 per gram. The silver price in Kolkata is the same as in Mumbai and New Delhi: Rs 86,600 per kilogram.
Chennai: Chennai shows the highest gold price among the four cities, with 22-carat gold costing Rs 6,421 per gram. The southern city also has the highest silver price, with the precious metal trading at Rs 91,100 per kilogram.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.