Gold Price Today July 8, 2024: On Monday, the Multi Commodity Exchange (MCX) saw lower-level trade for both gold and silver. Here are the most recent city-specific costs.
On Monday, July 8, 2024, the prices of gold and silver decreased on the Multi Commodity Exchange (MCX).
On the MCX, gold futures maturing on August 5, 2024, were trading at Rs 72,980 per 10 kilos after slightly declining by Rs 71, or 0.10 percent. At Rs 73,051, the previous closure was noted.
Likewise, on September 5, 2024, maturing silver futures saw a decline of Rs 142, or 0.15 percent, and were trading at Rs 93,412 per kg on the MCX compared to the previous close of Rs 93,554.
PRICES IN MAJOR CITIES FOR GOLD AND SILVER
| CITY |
GOLD (per 1 grams, 22 carats) |
SILVER (per kg) |
| NEW DELHI | Rs 6,760 | Rs 95,000 |
| MUMBAI | Rs 6,745 | Rs 95,000 |
| KOLKATA | Rs 6,745 | Rs 95,000 |
| CHENNAI | Rs 6,800 | Rs 99,500 |
One of the numerous factors influencing the price of gold and silver in India is the rupee's value in respect to the US dollar. The trends in the price of precious metals are largely determined by global demand.
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