On Thursday, gold prices in India saw an upward trend according to data from India’s Multi Commodity Exchange (MCX).
The spot price of gold stood at 71,911 Indian Rupees (INR) per 10 grams, marking a rise of INR 125 compared to Wednesday’s price of INR 71,786.
In terms of futures contracts, gold prices increased to INR 71,144 per 10 grams, up from INR 71,050 per 10 grams previously.
Similarly, silver futures contracts also experienced a rise in prices, reaching INR 82,568 per kilogram compared to the previous INR 82,234 per kilogram.
The increase in both gold and silver prices reflects the prevailing market dynamics and demand for precious metals in India. Investors and traders are closely monitoring these developments to assess future trends in the precious metals market.