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Gold Rate Today: Prices of precious metals hot up yet again, check current rates in your city from Delhi to Mumbai

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Gold Rate Today

Gold Rate Today: There are numerous factors that cause the current gold price in India to change. At the present Indian gold rate, gold is a must for any investment portfolio. The price of gold changes every day. You must invest gold for an extended period of time if you want to see good profits. Additionally, gold makes for great collateral for gold loans.

Gold Rates Today

City22K Today24K Today
Chennai55,90060,980
Mumbai55,60060,650
Delhi55,75060,800
Kolkata55,60060,650
Bangalore55,60060,650
Hyderabad55,60060,650
Kerala55,60060,650
Pune55,60060,650
Vadodara55,65060,700
Ahmedabad55,65060,700
Jaipur55,75060,800
Lucknow55,75060,800
Coimbatore55,90060,980
Madurai55,90060,980

Gold Rate Today: What’s up on MCX?

Over the years, gold has proven to be the ideal inflation hedge. More and more investors are considering gold to be a significant investment. Following a slight increase of 0.01 percent, the price of gold futures on the MCX that expire on August 4, 2023 was Rs 59769 per 10 grammes. Similar to gold futures, silver futures with a September 5, 2023, maturity date also fell by 0.43 percent and were trading at Rs 76429 a kilogramme 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: Know the prices on IBJA

IBJA claims that the price of gold has increased since yesterday. The cost of gold has up from Rs. 59330 per 10 kilogrammes to Rs. 59440 per 10 grammes. On the other hand, the cost of silver per kilogramme has also increased from Rs. 75113 to Rs. 75181.

You can get gold rates by giving a missed call

For information on gold retail prices, you can leave a missed call at 8955664433. You will receive the prices by SMS shortly after giving this number a missed call. In addition, you may always find updates or information at www.ibja.com or ibjarates.com.

Here’s how to check the gold purity

Currently, there is an app available from the government that allows you to check the purity of gold. Using the BIS Care app, customers may determine the purity of gold. Not only can you examine the purity of gold using this app, but you can also complain 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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