Gold, silver price today, March 20, 2024: Yellow metal records hike, silver trades lower on MCX
Gold Price Today 20 March 2024: Gold is trading on the higher side while silver rates have recorded a dip on the Multi Commodity Exchange (MCX) on Wednesday. Check the latest city-wise prices here.
March 20: Yellow metal records hike, silver trades lower on MCX (File Photo)
New Delhi,UPDATED: Mar 20, 2024 10:28 IST
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 recorded a dip on Wednesday, March 20.
Gold futures, maturing on April 5, 2024, stood at Rs 65,652 per 10 grams, after recording a marginal hike of Rs 69 or 0.11 per cent. The previous close was recorded at Rs 65,583.
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Meanwhile, silver futures, due on May 3, 2024, witnessed a dip of Rs 97 or 0.12 per cent and were retailing at Rs 75,190 per kg on the MCX against the previous close of Rs 75,287.
GOLD AND SILVER PRICES IN MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 60,950 | Rs 77,000 |
| MUMBAI | Rs 60,800 | Rs 77,000 |
| KOLKATA | Rs 60,800 | Rs 77,000 |
| CHENNAI | Rs 61,400 | Rs 80,000 |
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.