Gold Rate Today: Precious metals turn dearer, check current rates in your city here

Gold Rate Today: The price of gold at the Multi Commodity Exchange (MCX) increased by Rs 400 to trade at Rs 56,255 per 10 grammes (24-carat). The price of the precious metal for 10 grammes was Rs 55,855 in the previous session.
Similar to how gold increased, silver also increased on the MCX, quoting at Rs 65,600 per kg on Saturday as opposed to closing at Rs 65,021 per kg the day before.

Indian Major Cities Gold Rates Today

Gold Rate Today: What’s up on MCX?

At the Multi Commodity Exchange (MCX), gold price edged higher by Rs 400 to trade at Rs 56,255 per 10 grams (24-carat) on Saturday. In the previous session, the precious metal closed at Rs 55,855 per 10 grams.Likewise, the silver also rose on MCX, quoting Rs 65,600 per kg on Saturday against the previous day's closing of Rs 65,021 per kg.

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 56770 per 10 kilos yesterday evening to Rs 56478 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 66055 per kg. last evening to Rs. 65411 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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