<p>Following discernible fluctuations in the Indian market, both gold and silver prices experienced an ascent on the Multi Commodity Exchange (MCX) on Wednesday, February 16, 2024.</p>
<p><img decoding=”async” class=”alignnone wp-image-427268″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-21-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th.jpg” alt=”theindiaprint.com today february 21 2024 saw a record increase in the price of gold and silver on th” width=”993″ height=”558″ title=”Today, February 21, 2024, saw a record increase in the price of gold and silver on the MCX 12″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-21-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th.jpg 690w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-21-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th-390×220.jpg 390w, https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-21-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th-150×84.jpg 150w” sizes=”(max-width: 993px) 100vw, 993px” /></p>
<p>The gold futures, maturing on April 5, 2024, were positioned at Rs 62,237 per decagram on the MCX, registering a nominal elevation of Rs 70 or 0.11 percent. The antecedent closure was documented at Rs 62,167.</p>
<p>Concurrently, silver futures, with a maturity date of March 5, 2024, manifested an increase of Rs 140 or 0.20 percent, retailing at Rs 71,395 per kilogram on the MCX compared to the preceding closure of Rs 71,255.</p>
<p><strong>GOLD AND SILVER VALUATIONS IN PROMINENT METROPOLISES</strong></p>
<table>
<thead>
<tr>
<th>CITY</th>
<th>GOLD (per 10 grams, 22 carats)</th>
<th>SILVER (per kg)</th>
</tr>
</thead>
<tbody>
<tr>
<td>NEW DELHI</td>
<td>Rs 57,750</td>
<td>Rs 75,700</td>
</tr>
<tr>
<td>MUMBAI</td>
<td>Rs 57,600</td>
<td>Rs 75,700</td>
</tr>
<tr>
<td>KOLKATA</td>
<td>Rs 57,600</td>
<td>Rs 75,700</td>
</tr>
<tr>
<td>CHENNAI</td>
<td>Rs 58,100</td>
<td>Rs 77,200</td>
</tr>
</tbody>
</table>
<p>The appraisals of gold and silver in India are contingent upon diverse factors, encompassing the valuation of the rupee in opposition to the dollar. The global demand also constitutes a pivotal determinant in shaping the trends discerned in the valuation of precious metals.</p>
