Gold Rate Today: Prices continue to decline for Precious metals, check out rates in your city before heading to buy

Gold Rate Today: Today, the Multi Commodity Exchange is seeing a decline in the price of both gold and silver. Today's gold price opened at Rs. 55,975, down Rs. 387, or 0.69 percent. The price of 24 karat gold on the MCX had further decreased to Rs 55,831 for 10 grammes. As a result, the price of gold in the futures market has fallen to its lowest level in a month, or below Rs 56,000.

On the other hand, Silver was trading at Rs 65,228 per kg on the futures market today, down Rs 613 per kg or 0.93 percent. Meanwhile, its price has continued to fall and is currently trading at 64,755. Silver closed at Rs. 65,633 per 10 grammes and gold at Rs. 56,228 per 10 grammes yesterday.

Gold Rate today in different cities of the country

Gold Rate Today: What’s up on MCX?

Both gold and silver are trading with a decline in the Multi Commodity Exchange (Gold Silver Price MCX). Today gold opened at Rs 55,975 with a fall of Rs 387, or 0.69 per cent.

Gold for April-2023 futures is trading down 0.61 percent on MCX today. Gold price was trading at Rs 55,885 per 10 gram article on MCX this morning. On the other hand, silver for March-23 futures was trading 0.94 per cent higher at Rs 65,014 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 56343 per 10 kilos yesterday evening to Rs 56428 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 65474 per kg. to Rs. 65389 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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