Gold and Silver price today (December 6, 2023): Precious metal trade higher; Gold above Rs 62,250

Gold and Silver price today (December 6, 2023): MCX gold futures (Feb 5) were up 0.14 per cent or Rs 85 at Rs 62,270 per 10 grams. Check out citywide prices in Mumbai, Delhi and other cities.

Representative image. Source: Reuters

Gold and Silver price today (December 6, 2023): Domestic precious metal futures traded higher in early trade on Wednesday.

Last seen, MCX gold futures (Feb 5) were up 0.14 per cent or Rs 85 at Rs 62,270 per 10 grams at the last count, having traded between Rs 62,220 and Rs 62,270 earlier in the day. Silver futures (Mar 5) were up 0.23 per cent or Rs 176 at Rs 75,455 per kg.

"Bullions are looking strong and have given a fresh break out in the daily chart. Traders are advised to make fresh buy positions in Gold and Silver near the given support level," said Amit Khare Associate Vice President at Ganganagar Commodity Limited (GCL) Broking.

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Khare sees support for gold February futures at 62000/61800 and resistance at 62400/62600. For silver March futures he sees support at 75000/74000 and resistance at 76000/77000.

In the international market, COMEX gold was up 0.417 per cent at $ 2039.7 per ounce.

Here's an indicative list of spot gold prices in some of the major Indian cities:

City-wise gold price (24k) in India (December 6, 2023)

Cities	Gold prices for 24k (10 grams)
Mumbai	Rs 64,045
Delhi	Rs 64,110
Chennai	Rs 64,215
Kolkata	Rs 64,200
Bengaluru	Rs 64,260
Hyderabad	Rs 64,245
Ahmedabad	Rs 64,275
Bhopal	Rs 64,195
Visakhapatnam	Rs 64,325
Jaipur	Rs 64,130
Lucknow	Rs 64,120
Coimbatore	Rs 64,260
Madurai	Rs 64,215

(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before acting on the information.)

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