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Kathmandu – The fluctuation in gold and silver prices continues in India as well. After reaching an all-time high on January 29 this year, both precious metals suddenly crashed. However, on Wednesday, a sharp rebound was seen again. On the Multi Commodity Exchange, silver prices jumped by more than ₹8,200 immediately after opening, while gold also became more expensive. Yet, compared to the high rates, gold and silver are still cheaper. Silver today is trading more than ₹1.60 lakh per kilogram below its high rate.
Latest Silver Price
Looking at Wednesday’s opening trade on MCX, silver rose from the previous closing of ₹2,52,548 to ₹2,60,838. Based on this calculation, 1 kilogram of silver has become ₹8,290 (INR) more expensive.
Today’s Gold Price
After silver, talking about gold prices: on Wednesday, compared to the previous trading session, gold futures on the Multi Commodity Exchange rose by ₹1,633 (INR) per 10 grams immediately after opening. On Tuesday, 10 grams of 24-carat gold had closed at ₹1,56,803, and on Wednesday it jumped to ₹1,58,436. Looking at India’s price list, it is expected that Nepal’s gold and silver market, which will be announced shortly, will also see an increase.
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