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Today, February 22, 2024, saw a record increase in the price of gold and silver on the MCX

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<p>On the consecutive day, both the prices of gold and silver experienced an ascent on the Multi Commodity Exchange (MCX) on Thursday, February 22, 2024.</p>
<p><img decoding=”async” class=”alignnone wp-image-430705″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-22-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th.jpg” alt=”theindiaprint.com today february 22 2024 saw a record increase in the price of gold and silver on th” width=”996″ height=”560″ title=”Today, February 22, 2024, saw a record increase in the price of gold and silver on the MCX 15″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/02/theindiaprint.com-today-february-22-2024-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-22-2024-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-22-2024-saw-a-record-increase-in-the-price-of-gold-and-silver-on-th-150×84.jpg 150w” sizes=”(max-width: 996px) 100vw, 996px” /></p>
<p>The gold futures, set to mature on April 5, 2024, were positioned at Rs 62,169 per decagram on the MCX, following a marginal increase of Rs 42, constituting 0.07 percent. The antecedent closure had been documented at Rs 62,108.</p>
<p>Simultaneously, the silver futures, scheduled to mature on March 5, 2024, observed an escalation of Rs 141 or 0.20 percent, retailing at Rs 70,774 per kilogram on the MCX, in contrast to the prior closing rate of Rs 70,069.</p>
<p><strong>GOLD AND SILVER PRICES IN SIGNIFICANT 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 57,650</td>
<td>Rs 75,000</td>
</tr>
<tr>
<td>MUMBAI</td>
<td>Rs 57,500</td>
<td>Rs 75,000</td>
</tr>
<tr>
<td>KOLKATA</td>
<td>Rs 57,500</td>
<td>Rs 75,000</td>
</tr>
<tr>
<td>CHENNAI</td>
<td>Rs 58,000</td>
<td>Rs 76,500</td>
</tr>
</tbody>
</table>
<p>The valuation of gold and silver in India is contingent upon numerous factors, encompassing the rupee’s value relative to the dollar. Global demand plays a pivotal role in delineating the observed trends in the valuation of precious metals.</p>
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