Gold Rate Today: Over the years, gold has been the ideal hedge against inflation. Gold is becoming a more significant investment in the eyes of investors. On the Multi Commodity Exchange (MCX), both gold and silver are trading higher. These gold prices are current as of today and come from well-known jewellers in the nation. The current price of gold in India is Rs 5,510 per gramme for 22k gold and Rs 6,010 per gramme for 24k gold, commonly known as 999 gold.
Cities Gold Rates Today
| City | 22K Today | 24K Today |
| Chennai | ₹55,500 | ₹60,550 |
| Mumbai | ₹55,100 | ₹60,100 |
| Delhi | ₹55,130 | ₹60,130 |
| Kolkata | ₹55,100 | ₹60,100 |
| Bangalore | ₹55,100 | ₹60,100 |
| Hyderabad | ₹55,100 | ₹60,100 |
| Kerala | ₹55,100 | ₹60,100 |
| Pune | ₹55,130 | ₹60,100 |
| Vadodara | ₹55,030 | ₹60,030 |
| Ahmedabad | ₹55,030 | ₹60,030 |
| Jaipur | ₹55,130 | ₹60,130 |
| Lucknow | ₹55,130 | ₹60,130 |
Gold Rate Today: What’s up on MCX?
Precious metal prices are rising on a daily basis. The price of gold futures on the MCX, which expire on August 4, 2023, was Rs 59784 per 10 grammes following a small increase of 1.10 percent. Silver futures with a September 5, 2023, maturity date also declined by 0.76 percent and were trading at Rs 76138 a kilogramme on the MCX, similar to gold futures.
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.
Gold Rate Today: As per IBJA, these are the prices of gold and silver
According to IBJA, gold is now costing more than it did yesterday. From Rs. 59265 per 10 kilogrammes to Rs. 59270 per 10 grammes, the price of gold has decreased. On the other side, the price of silver has declined from Rs. 75115 to Rs. 75066 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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