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HomeCURRENT AFFAIRSBUSINESSGold Rate Today: Prices of precious metals tumble, check the current rates...

Gold Rate Today: Prices of precious metals tumble, check the current rates in your city from Mumbai to Delhi

Gold Rate Today: At the Delhi bullion market, gold prices decreased by Rs 470 to Rs 59,480 per 10 kilos. Gold’s closing price in the most recent trading session was Rs 59,950 for 10 grammes. Prices for silver decreased as well. At Rs 68,550 per kg, silver decreased by Rs 420. Saumil Gandhi, Senior Analyst (Commodities) at HDFC Securities, reported that spot gold prices in Delhi markets dropped by Rs 480 to Rs 59,480 per 10 kilos.

Indian Major Cities Gold Rates Today

City22K Today24K Today
Chennai55,70060,770
Mumbai55,00060,000
Delhi55,15060,150
Kolkata55,00060,000
Bangalore55,05060,050
Hyderabad55,00060,000
Kerala55,00060,000
Pune55,00060,000
Vadodara55,05060,050
Ahmedabad55,05060,050
Jaipur55,15060,150
Lucknow55,15060,150
Coimbatore55,70060,770
Madurai55,70060,770
Vijayawada55,00060,000

Gold Rate Today : What’s up on MCX?

Gold futures with a maturity date of April 5, 2023, were trading at Rs 57,491 per 10 grammes, down a negligible Rs 202 (or 0.35%). The previous close was 57,642 rupees. On the other hand, the price of silver decreased by Rs 2,150 to close at Rs 66,900 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 55121 per 10 kilos yesterday evening to Rs 55286 per 10 grammes today. The cost of silver, on the other hand, silver is decreased from Rs. 64407 per kg. to Rs. 64246 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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