Gold Rate Today: Prices of yellow metal move up marginally, silver still on the decline, check current rates in your city here

Gold Rate Today: Gold and silver are considered valuable commodities. Even today, people enjoy purchasing gold and silver. The gold price has risen today after falling for four consecutive days on the Multi Commodity Exchange. In the futures market, gold is currently trading on the green mark (Gold Price Today). When it comes to silver, however, a decline can be seen even today (Silver Price Today). Gold opened at Rs 55,707 per 10 grammes. At the same time, gold was trading at Rs 55,733 per gramme.

Indian Major Cities Gold Rate Today

Gold Rate Today: What’s up on MCX?

Recording a jump of Rs 128 or 0.23 per cent, gold futures, maturing on April 5, 2023, were trading at Rs 55,753 per 10 grams.

On the other hand, silver futures, maturing on March 3, 2023, were retailing at Rs 64,450 per kg, after witnessing a marginal dip of Rs 13 or 0.02 per cent.

Notably, the prices of gold and silver stood at Rs 55,587 per 10 grams and Rs 64,351 per kg respectively when the market closed on February 23.

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 increased from Rs 56080 per 10 kilos yesterday evening to Rs 56197 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 65293 per kg. to Rs. 65192 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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