Gold, silver price today, February 20, 2024: Yellow metal records hike, silver trades lower on MCX
Gold Price Today 20 February 2024: Gold is trading on the higher side of the Multi Commodity Exchange (MCX) while silver rates recorded a dip on Tuesday. Check the latest city-wise prices here.
For the second day in a row, 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 20.
Gold futures, maturing on April 5, 2023, stood at Rs 62,011 per 10 grams, after recording a marginal hike of Rs 6 or 0.01 per cent. The previous close was recorded at Rs 62,004.
Meanwhile, silver futures, due on March 5, 2023, witnessed a downfall of Rs 93 or 0.13 per cent and were retailing at Rs 71,257 per kg on the MCX against the previous close of Rs 71,306.
GOLD AND SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 57,610 | Rs 75,500 |
| MUMBAI | Rs 57,460 | Rs 75,500 |
| KOLKATA | Rs 57,460 | Rs 75,500 |
| CHENNAI | Rs 58,010 | Rs 77,000 |
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.