Gold Rate Today: Early trading on the Multi Commodity Exchange showed yellow metal down 0.19 percent (MCX). Silver, which had also lost some of its lustre, fell 0.42 percent to Rs 63,656 per kg. The price of 10 grammes of gold in gold futures, which are set to expire on April 5, decreased by about 100 points to Rs 55,368.
On Monday, gold prices in the nation’s capital fell by Rs 185 to Rs 55,520 per 10 grammes due to weak global trends, according to HDFC Securities. In the previous transaction, the price of 10 grammes of yellow metal was Rs 55,705. Also falling by Rs 798 to Rs 63,227 per kg was silver.
Gold Rate Today in some major cities
|CITY||Gold Prices yesterday||Gold Prices today|
|Delhi||Rs 56,270||Rs 56, 170|
|Mumbai||Rs 56,120||Rs 56,020|
|Chennai||Rs 56,800||Rs 56,740|
|Kolkata||Rs 56,120||Rs 56,020|
|Bangalore||Rs 56,170||Rs 56,070|
|Ahmedabad||Rs 56,170||Rs 56,070|
|Hyderabad||Rs 56,120||Rs 56,020|
Gold Rate Today: What’s up on MCX?
Yellow metal was trading 0.19 per cent lower in early trade on the Multi Commodity Exchange (MCX). Likewise, silver also lost its lustre and was down 0.42 per cent to Rs 63,656 per kg. Gold futures, slated to expire on April 5, fell around 100 points to trade at Rs 55,368 per 10 grams.
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 56038 per 10 kilos yesterday evening to Rs 55957 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 64549 per kg. to Rs. 64331 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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