Gold, silver price today, December 4, 2023: Precious metals record hike on MCX | Check latest rates here
Gold Price Today December 4, 2023: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Monday. Check the latest city-wise prices here. Check the latest city-wise prices here.
Today gold, silver price, Dec 4, 2023: Precious metals witnessed hike on MCX.
New Delhi,UPDATED: Dec 4, 2023 09:41 IST
Both gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) on Monday, December 4, 2023.
Gold futures, maturing on February 5, 2024, stood at Rs 63,858 per 10 grams on the MCX, after recording a marginal hike of Rs 501 or 0.79 per cent. The previous close was recorded at Rs 63,357.
Meanwhile, silver futures, maturing on March 5, 2024, witnessed a hike of Rs 111 or 0.14 per cent and were retailing at Rs 78,198 per kg on the MCX against the previous close of Rs 78,087.
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GOLD, SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 58,600 | Rs 80,500 |
| MUMBAI | Rs 58,450 | Rs 80,500 |
| KOLKATA | Rs 58,450 | Rs 80,500 |
| CHENNAI | Rs 59,150 | Rs 83,500 |
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.