Gold Price Today 5 April 2023Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Wednesday. Check the latest city-wise prices here.
By India Today Business DeskBoth gold and silver prices are retailing on the higher side of the Multi Commodity Exchange (MCX) on Wednesday, April 5.
Gold futures, maturing on June 5, 2023, stood at Rs 61,024 per 10 grams on the MCX, after recording a marginal hike of Rs 36 or 0.06 per cent.
Similarly, silver futures, maturing on May 5, 2023, also witnessed a jump of Rs 430 or 0.58 percent and were trading at Rs 75,050 per kg on the MCX.
The prices of gold and silver stood at Rs 60,954 per 10 grams and Rs 74,618 per kg respectively when the market closed on April 3.
GOLD, SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 55,460 | Rs 74,600 |
| MUMBAI | Rs 55,310 | Rs 74,600 |
| KOLKATA | Rs 55,310 | Rs 74,600 |
| CHENNAI | Rs 56,010 | Rs 77,800 |
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.
Keven Bayer
Trace Hane
Kraig Prohaska