Gold, silver prices on April 12: Gold and silver prices recorded a hike on the Multi Commodity Exchange (MCX) today (April 12). Gold futures stood at ₹72,423 per 10 grams on the MCX after recording a jump of ₹779- 1.09 per cent. The previous close was recorded at ₹71,644. Silver futures witnessed a rise of ₹1020- 1.23 per cent- as it retailed at ₹83,867 per kg on the MCX against the previous close of ₹82,847.
Gold, silver price in international markets on April 12
Gold, silver price on April 12: Check latest prices of gold and silver on April 12, 2024.
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Gold prices scaled to a record high amid geopolitical tensions which experts believe has resulted in a boost in demand for the yellow metal. US economic data failed to dampen gold's allure, news agency Reuters reported, as spot gold was up by 0.6 per cent at $2,386.38 per ounce, while US gold futures rose 1.3 per cent at $2,403.90 per ounce.
Spot silver rose 0.7 per cent to $28.66 per ounce as per the news agency.
Gold and silver prices in India depend on several factor. These include the value of rupee against the dollar as well how global demand and rates are playing out. Here are the prices of gold and silver in major cities on April 12, 2024:
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