Gold and Silver Prices Experience Decline on MCX, April 29, 2024: Detailed Market Analysis
Today, April 29, 2024, the prices for gold and silver on the Multi Commodity Exchange have declined. Current trading shows both precious metals on a downward trend, with detailed updates available for various cities. This trend is in line with the past week when gold and silver prices have been steadily decreasing.
Currently, the price of gold futures, due June 5, 2024, has seen a significant drop to precisely Rs 71,224 per 10 grams. This is a decrease of exactly Rs 276 (or 0.39 percent) from the previous closing price of Rs 71,500, indicating a notable shift in the futures market.
In a similar trend, silver futures, due to maturity on July 5, 2024, have decreased by Rs 47, or 0.06 percent, to trade at Rs 82,449 per kilogram. This is slightly lower compared to the last closing price of Rs 82,496.
GOLD AND SILVER PRICES ACROSS MAJOR CITIES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 66,400 | Rs 82,500 |
| MUMBAI | Rs 66,250 | Rs 82,500 |
| KOLKATA | Rs 66,250 | Rs 82,500 |
| CHENNAI | Rs 67,100 | Rs 86,000 |
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