According to data from India’s Multi Commodity Exchange (MCX), gold prices experienced an increase on Wednesday. The price of gold stood at 72,343 Indian Rupees (INR) per 10 grams, marking a rise of INR 410 compared to the previous day’s price of INR 71,933.
However, in the futures market, gold prices saw a slight decrease, dropping to INR 72,350 per 10 grams from the previous level of INR 72,407 per 10 grams.
Meanwhile, silver futures contracts saw an uptick in prices, rising to INR 95,950 per kilogram from INR 95,448 per kilogram.
These fluctuations in gold and silver prices can be influenced by various factors such as international market trends, currency fluctuations, and demand-supply dynamics. Investors and traders in the Indian market will continue to monitor these developments closely for potential trading opportunities.
