Gold, silver price today, June 13, 2023: Precious metals record hike on MCX

After trading on the lower side yesterday, both gold and silver prices have recorded a hike on the Multi Commodity Exchange (MCX) on Tuesday, June 13.

Gold futures, maturing on August 4, 2023, stood at Rs 59,806 per 10 grams on the MCX, after recording a marginal hike of Rs 144 or 0.24 percent.

Similarly, silver futures, maturing on July 5, 2023, also witnessed a jump of Rs 331 or 0.45 percent and were trading at Rs 73,425 per kg on the MCX.

The prices of gold and silver stood at Rs 59,641 per 10 grams and Rs 72,974 per kg respectively when the market closed on June 12.

GOLD, SILVER PRICES IN MAJOR CITIES

CITY                           GOLD (per 10 grams, 22 carats)  SILVER (per kg)
NEW DELHI              Rs 55,550                                          Rs 74,100
MUMBAI                  Rs 55,400                                          Rs 74,100
KOLKATA                Rs 55,400                                          Rs 74,100
CHENNAI               Rs 55,800                                           Rs 79,200
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.

GOLD, SILVER PRICE IN INTERNATIONAL MARKET