The prices of silver and gold on the Multi Commodity Exchange (MCX) decreased on Wednesday, August 7, 2024.
On the MCX, gold futures with a maturity date of October 4, 2024, were trading at Rs 68,765 per 10 grams following a Rs 200, or 2.9%, drop. At Rs 68,965, the previous closure was noted.
Similarly, silver futures maturing on September 5, 2024, fell by Rs 223 or 0.29 percent to Rs 79,400 a kg on the MCX, down from Rs 79,623 at the previous closing.
Gold and silver prices in major cities
New Delhi: In New Delhi, 22-carat gold costs Rs 6,404 per gram. The price of silver in the capital city is Rs 82,400 per kilogram.
Mumbai: In Mumbai, 22-carat gold costs Rs 6,389 per gram. The price of silver in Mumbai is Rs 82,400 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 6,389 per gram. The silver price in Kolkata is the same as in Mumbai and New Delhi: Rs 82,400 per kilogram.
Chennai: In Chennai, 22-carat gold costs Rs Rs 6,399 per gram. The southern city has the highest silver price, with the precious metal trading at Rs 87,400 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.