Gold Rate Today: Precious metals on a slide downward, check current rates in your city here

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Navneet Choudhary
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Gold Rate Today

Gold Rate Today: Gold futures with a maturity date of April 5, 2023, were trading at Rs 57,989 per 10 grammes, down by Rs 456 or 0.78 percent. The previous close was 58,336 rupees.
In a similar vein, silver futures with a delivery date of May 5, 2023, fell by Rs 356 (0.53 percent) and were trading at Rs 67,080 per kg on the MCX, down from the previous closing of Rs 67,299 at the time.

Indian Major Cities Gold Rates Today

City 22K Today 24K Today
Chennai 54,250 59,180
Mumbai 53,550 58,420
Delhi 53,700 58,570
Kolkata 53,550 58,420
Bangalore 53,600 58,470
Hyderabad 53,550 58,420
Kerala 53,550 58,420
Pune 53,550 58,420
Vadodara 53,600 58,470
Ahmedabad 53,600 58,470
Jaipur 53,700 58,570
Lucknow 53,700 58,570
Coimbatore 54,250 59,180
Madurai 54,250 59,180
Vijayawada 53,550 58,420
Patna 53,600 58,470
Nagpur 53,550 58,420
Chandigarh 53,700 58,570
Surat 53,600 58,470

Gold Rate Today: What’s up on MCX?

Gold futures, maturing on April 5, 2023, stood at Rs 57,989 per 10 grams, recording a marginal dip of Rs 456 or 0.78 per cent. The previous close was recorded at Rs 58,336. Similarly, silver futures, due on May 5, 2023, witnessed a downfall of Rs 356 or 0.53 percent and were retailing at Rs 67,080 per kg on the MCX against the previous close of Rs 67,299.

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 has decreased today compared to yesterday, according to IBJA. The price of gold has decreased from Rs 55121 per 10 kilos yesterday evening to Rs 55286 per 10 grammes today. The cost of silver, on the other hand, silver is decreased from Rs. 64407 per kg. to Rs. 64246 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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