Gold and Silver Prices Today On March 22 2024: Gold and silver prices dropped on Friday, March 22, 2024, after retailing higher yesterday on the Multi Commodity Exchange (MCX).
On the MCX, gold futures, maturing on April 5, 2024, stood at Rs 66,199 per 10 grams, after dipping by Rs 6 or 0.01 percent.
On the MCX, silver futures maturing on May 3, 2024, fell by Rs 462 or 0.62 percent to Rs 74,775 per kg against the previous close of Rs 75,081.
CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
NEW DELHI | Rs 61,500 | Rs 76,500 |
MUMBAI | Rs 61,350 | Rs 76,500 |
KOLKATA | Rs 61,350 | Rs 76,500 |
CHENNAI | Rs 62,000 | Rs 79,500 |
Gold’s price depends on global supply and demand. When demand for gold is greater than supply, the price will rise, and vice versa. The gold market is dynamic, with many factors affecting the equilibrium price.