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Gold, silver rates record hike on MCX | Check here prices for major cities

Both gold and silver were trading on the higher side of the Multi Commodity Exchange (MCX) on November 14.

Recording a hike of Rs 206 or 0.39 per cent, gold futures, maturing on December 5, 2022, stood at Rs 52,318 per 10 grams on the MCX.

Meanwhile, silver futures, maturing on December 5, 2022, witnessed a jump of Rs 245 or 0.40 percent and were retailing at Rs 61,619 per kg on the MCX.

GOLD, SILVER PRICES IN MAJOR CITIES

CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)
NEW DELHI Rs 48,360 Rs 61,700
MUMBAI Rs 48,260 Rs 61,700
KOLKATA Rs 48,260 Rs 61,700
BANGALORE Rs 48,290 Rs 67,700
PUNE Rs 48,270 Rs 61,700
CHENNAI Rs 49,010 Rs 67,700
JAIPUR Rs 48,360 Rs 61,700

On Friday, the rates of gold and silver stood at Rs 52,334 per 10 grams and Rs 61,571 per kg respectively when the market closed on November 11.

In India, gold and silver prices 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

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