Gold, silver price today, February 27, 2024: Yellow metal records hike, silver trades lower on MCX
Gold Price Today 27 February 2024: Gold is trading on the higher side while silver rates have recorded a dip on the Multi Commodity Exchange (MCX) on Tuesday. Check the latest city-wise prices here.
Precious metals showed mixed trends in the Indian markets today. Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver prices have recorded a dip on Tuesday, February 27.
Gold futures, maturing on April 5, 2024, stood at Rs 62,255 per 10 grams, after recording a marginal hike of Rs 106 or 0.17 per cent. The previous close was recorded at Rs 62,149.
Meanwhile, silver futures, due on March 5, 2024, witnessed a downfall of Rs 6 or 0.01 per cent and were retailing at Rs 69,424 per kg on the MCX against the previous close of Rs 69,430.
GOLD AND SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 57,740 | Rs 74,400 |
| MUMBAI | Rs 57,590 | Rs 74,400 |
| KOLKATA | Rs 57,590 | Rs 74,400 |
| CHENNAI | Rs 58,090 | Rs 76,300 |
The price of gold varies for different regions in the country based on certain parameters such as the excise duty, making charges and the state taxes.