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Today, March 13, 2024, the price of gold and silver is higher for yellow metal and lower for silver on the MCX

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<p>In Indian markets today, the trajectory of precious metals exhibits a heterogeneous pattern. Gold is currently positioned on the upper echelon of the Multi Commodity Exchange (MCX), juxtaposed with silver, whose prices experienced a downturn on Wednesday, March 13th.</p>
<p><img decoding=”async” class=”alignnone wp-image-502058″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-march-13-2024-the-price-of-gold-and-silver-is-higher-for-yellow-metal-and-lo.jpg” alt=”theindiaprint.com today march 13 2024 the price of gold and silver is higher for yellow metal and lo” width=”982″ height=”552″ title=”Today, March 13, 2024, the price of gold and silver is higher for yellow metal and lower for silver on the MCX 12″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-march-13-2024-the-price-of-gold-and-silver-is-higher-for-yellow-metal-and-lo.jpg 690w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-today-march-13-2024-the-price-of-gold-and-silver-is-higher-for-yellow-metal-and-lo-390×220.jpg 390w” sizes=”(max-width: 982px) 100vw, 982px” /></p>
<p>Gold futures, set to mature on April 5, 2024, are valued at Rs 65,486 per 10 grams, registering a slight increment of Rs 5 or 0.01 percent. The preceding closure was documented at Rs. 65,481.</p>
<p>Conversely, silver futures, scheduled for May 3, 2024, observed an uptick of Rs 100 or 0.14 percent, retailing at Rs 73,750 per kg on the MCX, in contrast to the previous settlement of Rs 73,850.</p>
<p><strong>GOLD AND SILVER PRICES IN MAJOR CITIES</strong></p>
<p>CITY GOLD (per 10 grams, 22 carats) SILVER (per kg)</p>
<p>New Delhi: Rs 60,880, Rs 76,200</p>
<p>MUMBAI: Rs 50,730, Rs 76,200</p>
<p>KOLKATA: Rs 60,730, Rs 76,200</p>
<p>Chennai: Rs 61,480, Rs 79,600</p>
<p>The valuation of gold varies across different regions within the nation, contingent upon specific parameters such as excise duty, production costs, and state levies.</p>
<p><strong>GOLD, SILVER PRICES IN INTERNATIONAL MARKET</strong></p>
<p>Gold prices remained subdued on Tuesday, declining by over 1%, subsequent to a robust U.S. inflation report that tempered anticipations of an imminent reduction in interest rates by the Federal Reserve, as reported by Reuters news agency.</p>
<p>According to the most recent metal report, spot gold depreciated by 1.4 percent to $2,153.05 per ounce by 1908 GMT, whereas U.S. gold futures witnessed a decline of 1 percent, resting at $2,166.1.</p>
<p>In tandem, spot silver exhibited a decrease of 1.5 percent, reaching $24.08 per ounce.</p>
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