Gold and silver prices rose on the Multi Commodity Exchange (MCX) on Monday, August 19, 2024. On the MCX, gold futures with a maturity date of October 4, 2024, were trading at Rs 71,590 per 10 grams, up Rs 215 or 0.30 percent. At Rs 71,375, the previous closing was noted.
In the meanwhile, silver futures, which will mature on September 5, 2024, saw a slight increase of Rs 609, or 0.73 percent, and were trading on the MCX at Rs 83,634 per kg, up from the previous close of Rs 83,025.
Gold and silver prices in major cities
New Delhi: A gram of 22-carat gold costs Rs 6,685 in New Delhi. The price of silver in the capital city is Rs 85,900 per kilogram.
Mumbai: A gram of 22-carat gold costs Rs 6,670 in Mumbai. Similar to New Delhi, the cost of one kilogram of silver in Mumbai is Rs Rs 85,900.
Kolkata: The price of 22-carat gold is the same in Kolkata and Mumbai at Rs 6,670 per gram. Similar to Mumbai and New Delhi, Kolkata too has the same price per kilogram of silver: Rs 85,900.
Chennai: In Chennai, 22-carat gold costs Rs 6,670 per gram. The southern city has the highest silver price, with the precious metal trading at Rs 91,900 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.