Gold Price Today 20 February 2023: Gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Monday. Check the latest city-wise prices here.
- Both gold and silver prices witnessed a downfall on the MCX today
- Gold futures were retailing at Rs 56,301 per 10 grams
- In Delhi, 22k gold costs Rs 52,350 per 10 grams
By ASH24 News Web Desk: Both gold and silver are trading on the lower side of the Multi Commodity Exchange (MCX) on Monday, February 20.
Gold futures, maturing on April 5, 2023, saw a marginal dip of Rs 7 or 0.01 percent on the MCX and was retailing at Rs 56,301 per 10 grams.
Similarly, silver futures, maturing on March 3, 2023, stood at Rs 65,933 per kg on the MCX, after recording a downfall of Rs 111 or 0.17 percent.
Notably, the prices of gold and silver stood at Rs 56,257 per 10 grams and Rs 65,631 per kg respectively when the market closed on February 17.
GOLD, AND SILVER PRICES IN MAJOR CITIES
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.