In the Indian markets today, precious metals displayed a variety of tendencies. On Monday, March 20, gold prices increased on the Multi Commodity Exchange (MCX), but silver prices fell.
On the MCX, gold futures with an expiration date of April 5, 2023, saw a slight increase of Rs 54, or 0.09 percent, and were trading at Rs 59,446 per 10 kilos.
Silver futures, which are due to mature on May 5, 2023, saw a decline of Rs 191, or 0.28 percent, and were trading at Rs 68,394 a kg.
Importantly, when the market closed on March 17, the cost of gold was Rs 59,383 for a gram and the cost of silver was Rs 68,501 for a kilogram.
Based on specific factors like excise duty, making costs, and state taxes, the price of gold differs for different areas of the nation.
