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Gold, silver are trading higher on MCX

Both gold and silver are trading on the higher side on the MCX on Monday.

Gold futures, maturing on February 5, 2024, stood at Rs 63,858 per 10 grams on the MCX, after recording a marginal hike of Rs 501 or 0.79 per cent. The previous close was recorded at Rs 63,357.

Meanwhile, silver futures, maturing on March 5, 2024, witnessed a hike of Rs 111 or 0.14 per cent and were retailing at Rs 78,198 per kg on the MCX against the previous close of Rs 78,087.

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