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Gold And Silver Prices Today On May 10, 2024: Check Rates In Your City

The futures contract for gold maturing on June 5, 2024 traded at Rs 72,094 per 10 grams on the MCX, up Rs 455 or 0.64 percent from the previous close of Rs 71,639.

By Newsd
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Gold And Silver Prices Today On May 10

Gold And Silver Prices Today On May 10: On Friday, May 10, 2024, both gold and silver prices increased on the Multi Commodity Exchange (MCX).

The futures contract for gold maturing on June 5, 2024 traded at Rs 72,094 per 10 grams on the MCX, up Rs 455 or 0.64 percent from the previous close of Rs 71,639.

In the meantime, silver futures maturing on July 5, 2024, increased by Rs 486 or 0.58 percent and were trading at Rs 84,985 per kg on the MCX, up from Rs 84,499 previously.

Gold And Silver Prices Today On May 10:

CITY 22 CARAT GOLD PRICE 24-CARAT GOLD PRICE
Delhi 66,510 72,540
Mumbai 66,360 72,390
Ahmedabad 66,410 72,440
Chennai 66,410 72,440
Kolkata 66,360 72,390
Gurugram 66,510 72,540
Lucknow 66,510 72,540
Bengaluru 66,360 72,390
Jaipur 66,510 72,540
Patna 66,410 72,440
Bhubaneshwar 66,360 72,390
Hyderabad 66,360 72,390

There are several factors that affect gold and silver prices in India, including the rupee’s value against the dollar.

The global demand for precious metals also plays a key role in determining their rate.

Reuters reports that gold prices firmed on Friday, poised for their best week since April 5, following recent economic data that boosted the odds of the Federal Reserve cutting interest rates.

In the latest metal report, spot gold was up 0.2 percent at $2,350.87 per ounce by 0212 GMT, while U.S. gold futures gained 0.7 percent to $2,356.90.

Spot silver rose 0.2% to $28.38 per ounce, among other precious metals.

Also Read: Akshaya Tritiya Outlook: Silver Set to Shine Over Gold in Near Term

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