Gold Rate Today: Are precious metals in some sort of freefall? Check current rates in your city

Gold Rate Today: Today, both gold and silver precious metals are trading in the red on the Multi Commodity Exchange, or futures market. With the opening of the market today, there is a decline in the business (Gold Silver Price MCX), with both gold and silver falling. Today, 25 carat gold opened lower at Rs 55,954 per 10 grammes. At the same time, as of 12 p.m., it was trading at Rs 55,893 per 10 gramme, a 0.34 percent decrease. Gold closed yesterday at Rs 56,083 per 10 gramme.

Indian Major Cities Gold Rate Today

Gold Rate Today: What’s up on MCX?

Gold futures, maturing on April 5, fell by 0.18% or Rs 103 and stood at Rs 56,065 per 10 grams. Likewise, silver futures, maturing on March 3, declined sharply in teh early trade with the metal falling by 0.99% or Rs 625 to remain at Rs 65, 400 per kg on the MCX.

Multi Commodity Exchange of India is the full form of MCX. It is an autonomous body for commodity exchange in India. It offers to trade in bullion, energy and agricultural commodities apart from non-ferrous metals.

This is an exchange for commodities like the BSE is for stocks and shares. The MCX sells the products in bulk. 

The price for the asset depends upon various factors and is not determined at MCX. The MCX Silver rates are set by trading activity and a bunch of different other factors. 

Also Read: Gold Rate Today: Price of yellow metal rises to the seventh heaven while silver halts. These are the prices from Delhi to Bangalore

Gold Rate Today: As per IBJA, these are the prices of gold and silver

The price of gold and silver has decreased today compared to yesterday, according to IBJA. The price of gold has decreased from Rs 56496 per 10 kilos yesterday evening to Rs 56456 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 65986 per kg. to Rs. 65850 per kg.

Here’s how to know the latest price of gold by giving a missed call

You can give a missed call on 8955664433 to know the retail rates of gold. Shortly after giving a miss call on this number, you will get the rates through SMS. Along with this, you can see www.ibja.com or ibjarates.com for constant updates or information.

This is how you can determine the purity of gold

If you want to check the purity of gold right now, the government has created an app for that. Customers can check the purity of gold using the BIS Care app. You can use this app to not only check the purity of gold, but also to file a complaint 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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