Metals

Gold, silver price today, Jan 24, 2023: Precious metals record hike on MCX | Check latest rates

Gold Price Today 24 January 2023: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Tuesday. Check the latest city-wise prices here.

India Today Web Desk

New Delhi,UPDATED: Jan 24, 2023 10:39 IST

Today gold, silver price, Jan 24, 2023: Precious metals witnessed hike on MCX today. (Photo: Representational)

By India Today Web Desk: For the second day in a row, both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Tuesday, January 24.

Gold futures, maturing on February 3, 2023, recorded a hike of Rs 235 and 0.41 per cent and were retailing at Rs 57,099 per 10 grams on the MCX.

Similarly, silver futures maturing on March 3, 2023, also recorded a jump of Rs 346 or 0.51 per cent, and were trading at Rs 68,420 per kg.

Gold and silver prices stood at Rs 56,815 per 10 grams and Rs 67,964 per kg on the MCX respectively when the market closed on Monday.

GOLD, SILVER PRICES IN MAJOR CITIES

CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 52,850 Rs 72,500
MUMBAI Rs 52,700 Rs 72,500
KOLKATA Rs 52,700 Rs 72,500
CHENNAI Rs 53,550 Rs 74,000

Notably, the gold and silver prices in India depend on several factors, including the value of the rupee against the dollar. Global demand also plays a key role in determining the trends observed in the rate of precious metals.

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