Gold, silver price today, Nov 22, 2022: Precious metals record hike on MCX | Check latest rates here
Gold Price Today 22 November 2022: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Friday. Check the latest city-wise prices here.
Today gold, silver price, Nov 22, 2022: Precious metals witnessed hike on MCX. (File photo)
By India Today Web Desk: After retailing on the lower side in the Indian markets yesterday, both gold and silver were trading on the higher side of the Multi Commodity Exchange (MCX) on Tuesday, November 22.
Witnessing a hike of Rs 176 or 0.34 per cent, gold futures, maturing on December 5, 2022, stood at Rs 52,475 per 10 grams on the MCX.
Meanwhile, silver futures, maturing on December 5, 2022, also recorded a jump of Rs 585 or 0.96 percent and were retailing at Rs 61,297 per kg on the MCX.
Notably, the prices of gold and silver stood at Rs 52,292 per 10 grams and Rs 60,635 per kg respectively when the market closed on November 21.
GOLD, SILVER PRICES IN MAJOR CITIES
|CITY||GOLD (per 10 grams, 22 carats)||SILVER (per kg)|
|NEW DELHI||Rs 48,500||Rs 61,200|
|MUMBAI||Rs 48,350||Rs 61,200|
|KOLKATA||Rs 48,350||Rs 61,200|
|CHENNAI||Rs 49,050||Rs 67,000|
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.