New Delhi: Gold and silver moved higher in the Indian markets, following positive cues in the market. On the Multi Commodity Exchange, gold futures for February rose to Rs 49,410 for 10 grams of gold. The MCX futures were up by 0.74%.
The price of silver for 10 grams of gold is Rs 66,279 per kg on the MCX. Gold for delivery in April was trading at Rs 49,381.
Gold and Silver rates in the global markets remain volatile due to a strong US dollar. The US Senate could also be implementing more measures for economic stimulus.
The prices of spot gold in global markets rose by $1,856.86 per ounce, a slight increase from previous sessions. The dollar index fell to 89.938 by 0.14%.
Prices of Gold and Silver rates:
The prices for 22-carat gold in India for 10 grams was recorded at Rs 48,590. The prices of 24-carat gold in India for 10 grams was recorded at Rs 49,590.
The 22-carat gold prices in Mumbai and Pune increased to Rs 48,590 per 10 gram. The prices for 24-carat gold in 10 grams rose to Rs 49,590 in Mumbai and Pune.
Prices for 22-carat gold in Delhi are stated at Rs 48,360 for 10 grams. The prices for 24-carat gold in the national capital are stated at Rs 52,760 for 10 grams.
In Jaipur and Lucknow, the prices for 22-carat gold are stated at Rs 48,360 for 10 grams. The prices for 24-carat gold in the cities are stated at Rs 52,760. In Coimbatore and Madurai, 22 carats of gold is priced at Rs 46,770 for 10 grams. The rate for 24 carats of gold in 10 grams is Rs 51,020.
The silver prices in India rose to Rs 66,300 for 1 kilogram. The silver prices in Chennai and Hyderabad rose to Rs 70,700 for 1 kilogram.
In Mangalore, Bhubaneshwar, Mysore, and Vishakapatnam, the prices of 22 carats of gold for 10 grams is Rs 46,200. In these cities, the price for 24 carat gold for 10 grams is Rs 50,400.