Price of Gold Today 10 January 2023: Silver metal has reached a new low on Tuesday, while gold is trading on the upward side of the Multi Commodity Exchange (MCX). View the most recent city-specific costs here.
In brief
Today’s MCX gold and silver prices showed varied tendencies.
A 10 gramme contract for gold was selling at Rs 55,950.
In Delhi, a gramme of 22k gold costs Rs 51,600.
In the Indian markets today, the prices of gold and silver displayed a range of tendencies. On Tuesday, January 10, gold prices increased on the Multi Commodity Exchange (MCX), but silver prices were steady.
Gold futures with a maturity date of February 3, 2023 were trading at Rs 55,950 per 10 grammes, registering a little increase of Rs 30 or 0.05%.
In contrast, silver futures with a March 3, 2023, maturity were trading at Rs 68,694 per kg after falling by Rs 354, or 0.51 percent.
Notably, when the market closed on January 9, the cost of gold was Rs. 55,864 for a gramme and the cost of silver was Rs. 68,900 for a kilogramme.
PRICES FOR GOLD AND SILVER IN LARGE CITIES
SILVER (per kg)
NEW DELHI Rs 51,600 Rs 71,800
MUMBAI Rs 51,450 Rs 71,800
KOLKATA Rs 51,450 Rs 71,800
CHENNAI Rs 52,370 Rs 73,700
Gold and silver prices in India are influenced by a number of variables, including the exchange rate of the rupee with the dollar. The changes seen in the price of precious metals are also heavily influenced by global demand.
