Gold, silver price today, February 19, 2024: Yellow metal records hike, silver trades lower on MCX| Check latest rates here
Gold Price Today 19 February 2024: Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver rates recorded a dip on Monday. Check the latest city-wise prices here.
Precious metals have shown mixed trends in the Indian markets today. While gold is trading on the higher side of the Multi Commodity Exchange (MCX), silver rates have recorded a dip on Monday, Feb 19.
Gold futures, maturing on April 5, 2024, stood at Rs 62,055 per 10 grams on the MCX, after recording a marginal hike of Rs 177 or 0.29 per cent. The previous close was recorded at Rs 61,878.
Meanwhile, silver futures, maturing on March 5, 2024, witnessed a dip of Rs 494 or 0.69 per cent and were retailing at Rs 71,618 per kg on the MCX against the previous close of Rs 72,112.
GOLD, SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 57,340 | Rs 76,400 |
| MUMBAI | Rs 57,190 | Rs 76,400 |
| KOLKATA | Rs 57,190 | Rs 76,400 |
| CHENNAI | Rs 57,790 | Rs 77,900 |
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.