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

Gold Rate Today: On the Multi Commodity Exchange (MCX), gold prices rose by Rs 20 to Rs 56,780 per 10 grammes (24-carat). The precious metal closed the previous session at Rs 56,760 per 10 grammes.
Similarly, silver rose on the MCX, quoting at Rs 72,700 per kg, up from Rs 72,500 per kg the day before.

Indian Major Cities Gold Rate Today

City22K Today24K Today
Chennai53,40058,250
Mumbai52,60057,380
Delhi52,75057,530
Kolkata52,60057,380
Bangalore52,65057,430
Hyderabad52,60057,380
Kerala52,60057,380
Pune52,60057,380
Vadodara52,65057,430
Ahmedabad52,65057,430
Jaipur52,75057,530
Lucknow52,75057,530
Coimbatore53,40058,250
Madurai53,40058,250
Vijayawada52,60057,380
Patna52,65057,430
Nagpur52,60057,380
Chandigarh52,75057,530
Surat52,65057,430
Bhubaneswar52,60057,380
Mangalore52,65057,430
Visakhapatnam52,60057,380
Nashik52,63057,410
Mysore52,65057,430
Cuttack52,60057,380

Gold Rate Today: What’s up on MCX?

On MCX, Gold futures, maturing on April 5, 2023, witnessed a downfall of Rs 61 or 0.11 per cent, and were trading at Rs 56,760 per 10 grams.

On the other hand, silver futures, maturing on March 3, 2023, were retailing at Rs 66,755 per kg, after recording a marginal hike of Rs 21 or 0.03 per cent.

During August 2020, gold price touched Rs 57,191 per 10 grams on MCX. Gold was seen at Rs 56,981 per 10 grams on MCX this morning. That means gold is getting only 210 rupees cheaper than the record price.

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 57365 per 10 kilos yesterday evening to Rs 57476 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 67494 per kg. last evening to Rs. 67194 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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