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HomeCURRENT AFFAIRSBUSINESSGold Rate Today: Prices of precious metals move up North, check current...

Gold Rate Today: Prices of precious metals move up North, check current rates in your city here

Gold Rate Today: On the Multi Commodity Exchange, there is a decline in the price of gold today (MCX). On MCX, gold started trading today at Rs 59,300.00 for 10 grammes. After this, at roughly 1:00 pm, the gold rate on the MCX is trading at Rs. 58988.00 for a gramme of gold, down Rs. 285 or 0.4%. On the other hand, if we talk about silver, it started off the day at Rs 69008.00 per kg on the Multi Commodity Exchange (MCX). Following that, the cost of silver dropped by Rs. 22,000, or 0.37%, to Rs. 70149.00 for a kilogramme.

Indian Major Cities Gold Rates Today

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Gold Rate Today: What’s up on MCX?

A decrease in Gold Rate Today is being seen on the Multi Commodity Exchange (MCX). Today gold opened at Rs 59,300.00 per 10 grams on MCX. After this, around 1 pm, Gold Rate on MCX is trading at Rs 58988.00 per 10 grams, down by Rs 285 i.e. 0.48%. On the other hand, if we talk about silver, today on Multi Commodity Exchange (MCX), silver opened at the level of Rs 69008.00 per kg. After which the price of silver decreased by Rs 22.00 i.e. 0.37% to Rs 70149.00 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 has decreased today compared to yesterday, according to IBJA. The price of gold has decreased from Rs 59,300.00 per 10 kilos yesterday evening to Rs 58988.00 per 10 grammes today. The cost of silver, on the other hand, silver is decreased from Rs 69008.00 per kg. to Rs 70149.00 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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