Gold, silver price today, December 14, 2023: Precious metals record hike on MCX | Check latest rates here

Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Thursday, December 14, 2023.

Gold futures, maturing on February 5, 2024, stood at Rs 62,628 per 10 grams on the MCX, after recording a marginal hike of Rs 1371 or 2.24 per cent.

Similarly, silver futures, maturing on March 5, 2023, also witnessed a jump of Rs 3007 or 4.20 percent and were trading at Rs 75,319 per kg on the MCX.

The prices of gold and silver stood at Rs 61,199 per 10 grams and Rs 71,532 per kg respectively when the market closed yesterday, December 13.

GOLD, SILVER PRICES IN MAJOR CITIES

CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 57,800 Rs 77,500
MUMBAI Rs 57,650 Rs 77,500
KOLKATA Rs 57,650 Rs 77,500
CHENNAI Rs 58,200 Rs 79,500

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.

Published By:

Shweta Kumari

Published On:

Dec 14, 2023

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