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Current Gold and Silver Prices: View City-Wise Prices

April gold futures increased 0.33% to Rs 1,55,335.00. March silver futures also showed an increase, going up 1.2% to Rs 2,44,300.


On Friday, February 20, Indian gold and silver prices maintained their upward trend. The prices of both precious metals increased on the Multi-Commodity Exchange (MCX).





April gold futures increased 0.33% to Rs 1,55,335.00. March silver futures also showed an increase, going up 1.2% to Rs 2,44,300.

Following a steep drop over the previous two days, prices have surged. Due to weak global cues and currency moves, bullion prices fell on February 17. Both gold and silver prices experienced a sell-off.

Regarding domestic precious metal prices, India Bullion reports that both gold and silver recorded increases. At Rs 1,55,730, ten grams of 24-carat gold were worth Rs 660 more. In the early hours of trading, the price of silver was also Rs 3,400 higher at Rs 2,45,920 a kilogram.

An ounce of gold was for $5,011.50 on the US Comex market, while an ounce of silver was worth $78.23.

In particular, gold is viewed as a hedge against inflation and uncertainty. According to the World Gold Council, global concerns and a weak US dollar have caused the price of the precious metal to rise in recent months.

Major Cities' Gold Prices, February 20 (per gram)
Mumbai: 24K Rs 15,519, 22K Rs 14,226, 18K Rs 11,639 Delhi: 24K Rs 15,492, 22K Rs 14,201
Chennai: 24K Rs 15,578, 22K Rs 14,280, 18K Rs 11,684; Kolkata: 24K Rs 15,512, 22K Rs 14,219, 18K Rs 11,634

Indian Silver Prices, February 20
The price of one kilogram of silver in India is currently approximately Rs 2,44,430 as of Friday. Sterling silver, often known as silver 925, was selling for Rs 2,25,913 a kilogram.

The cost of Silver 999 is Rs 2,442 per 10 grams in key cities:

Delhi: 2,43,360 rupees per kilogram
Mumbai: 2,43,780 rupees per kilogram
Kolkata: 2,43,460 rupees per kilogram
Chennai: 2,44,490 rupees per kilogram


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