On Wednesday, both gold and silver futures experienced a decrease in value on the Multi Commodity Exchange (MCX). The gold futures due October 5, 2023, witnessed a marginal drop from Rs 58,432 to Rs 58,253 per 10 grams, marking a decrease of Rs 173 or 0.31 per cent.
Simultaneously, silver futures set to mature on December 5, 2023, fell from Rs 71,777 to retail at Rs 71,120 per kg. This decline represented a drop of Rs 657 or 0.92 per cent.
It is important to note that the prices of these commodities can vary across major cities due to factors such as excise duty, making charges, and state taxes.
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