Gold Rate Today: Prices for yellow metal cools, silver hots up further, check out the current rates in your city here

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Navneet Choudhary
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Gold Rate Today

Gold Rate Today: On the MCX, gold futures with a maturity date of April 5, 2023, were trading at Rs 59,490 per 10 kilos, down marginally by Rs 275 or 0.46 percent. Similar to gold, which experienced a rise of Rs 146 or 0.21 percent, silver futures with a maturity date of May 5, 2023 also saw an increase and were trading at Rs 70,093 per kg on the MCX.

Indian Major Cities Gold Rates Today

City 22K Today 24K Today
Chennai 55,500 60,550
Mumbai 54,850 59,840
Delhi 54,950 59,990
Kolkata 54,850 59,840
Bangalore 54,900 59,890
Hyderabad 54,850 59,840
Kerala 54,850 59,840
Pune 54,850 59,840
Vadodara 54,900 59,890
Ahmedabad 54,900 59,890
Jaipur 54,950 59,990
Lucknow 54,950 59,990
Coimbatore 55,500 60,550
Madurai 55,500 60,550
Vijayawada 54,850 59,840
Patna 54,900 59,890

Gold Rate Today : What’s up on MCX?

Gold futures expiring on April 5, 2023, were trading at Rs 59,490 per 10 grammes on the MCX, down Rs 275 or 0.46 percent. Silver futures, which mature on May 5, 2023, increased by Rs 146 or 0.21 percent and were trading at Rs 70,093 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 has decreased today compared to yesterday, according to IBJA. The price of gold has decreased from Rs 55221 per 10 kilos yesterday evening to Rs 55186 per 10 grammes today. The cost of silver, on the other hand, silver is increased from Rs. 64407 per kg. to Rs. 64646 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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