Gold Rate Update: One of several points affecting the price of gold and silver in India is the rupee’s exchange rate to the US dollar. Variations in the world’s demand have a big impact on precious metal prices. These gold prices are current as of right now, and they are compiled from reputable jewellers across the nation.
The current price of gold in India is Rs 5,445 per gramme for 22k gold and Rs 5,940 per gramme for 24k gold, commonly known as 999 gold. The prices of gold has been increased just before two days of Rakshabandhan festival. It will be important to see that whether the rates of precious metals including gold and silver would remain same or it will again increase tomorrow, just a day before Rakshabandhan.
Know about the rates of some cities
| Name of the cities | Gold rate @22k | Gold rate @24k |
| Mumbai | Rs 54,450 | Rs 59,400 |
| Kolkata | Rs 54,450 | Rs 59,400 |
| Hyderabad | Rs 54,450 | Rs 59,400 |
| Pune | Rs 54,450 | Rs 59,400 |
| Ahmedabad | Rs 54,500 | Rs 59,450 |
| Jaipur | Rs 54,600 | Rs 59,550 |
| Coimbatore | Rs 54,750 | Rs 59,750 |
| Vijayawada | Rs 54,450 | Rs 59,400 |
| Nagpur | Rs 54,450 | Rs 59,400 |
| Surat | Rs 54,500 | Rs 59,450 |
| Mangalore | Rs 54,450 | Rs 59,400 |
| Visakhapatnam | Rs 54,450 | Rs 59,400 |
| Mysore | Rs 54,450 | Rs 59,400 |
| Davanagere | Rs 54,450 | Rs 59,400 |
| Gurgaon | Rs 54,600 | Rs 59,550 |
Gold Rate Update on MCX
Gold prices fallen on the Multi Commodity Exchange (MCX). On the MCX, gold futures expiring on August 4, 2023 are trading at Rs 58718 per 10 grams. Silver futures, which will expire on September 5, 2023 is down by 0.04 percent on the MCX. It is important to keep in mind that conventional gold and gold with a hallmark cost the same. There aren’t any additional charges when you get a hallmarked gold rate. The selling price of regular gold remains constant. The purity of regular gold is guaranteed when you purchase it, which is the only distinction.
How can you know the purity of the gold?
BIS Care app is an application available by the government that allows the buyers to check the purity of gold. Using the BIS Care app, customers may determine the purity of gold. Not only you can know the purity of gold using this app, but you can also complain about it.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
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