Gold, silver price today, December 4, 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 Monday, December 4, 2023.

Gold futures, maturing on February 5, 2024, stood at Rs 63,858 per 10 grams on the MCX, after recording a marginal hike of Rs 501 or 0.79 per cent. The previous close was recorded at Rs 63,357.

Meanwhile, silver futures, maturing on March 5, 2024, witnessed a hike of Rs 111 or 0.14 per cent and were retailing at Rs 78,198 per kg on the MCX against the previous close of Rs 78,087.


CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 58,600 Rs 80,500
MUMBAI Rs 58,450 Rs 80,500
KOLKATA Rs 58,450 Rs 80,500
CHENNAI Rs 59,150 Rs 83,500

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 On:

Dec 4, 2023

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