Gold and silver prices have continued to fluctuate with the wedding season. Today, the price of gold has increased on Wednesday. At the same time, the price of silver has also gone up. Gold on MCX is up by 0.26 percent at 46,993 per 10 grams, while silver has also gone up by 0.56 percent to Rs 70,000 per kg.
On Wednesday, the June futures on the Multi Commodity Exchange gained 0.26 percent to trade at 46,9937 per 10 grams. Silver rose by 0.56 percent to Rs 70,039 per kg.
According to Tapan Patel, Senior Analyst (Commodities), HDFC Securities, gold prices in Indian markets have increased due to the depreciation of the Indian rupee due to the strengthening of the dollar.