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Home CURRENT AFFAIRS BUSINESS Gold Rate Today: Sea Saw ride continues for precious metals, check how...

Gold Rate Today: Sea Saw ride continues for precious metals, check how much they have gone up in your city here

Gold Rate Today: Prices for gold and silver on the Multi Commodity Exchange increased (MCX). Gold, which had recently surpassed Rs 58,000, trended higher by Rs 86 to Rs 55,825. In a similar vein, silver recently crossed 71,000. However, it is now trending at Rs. 64510, up Rs. 476.

Indian Major Cities Gold Rates Today

City22K Today24K Today
Chennai52,40057,160
Mumbai51,75056,450
Delhi51,90056,600
Kolkata51,75056,450
Bangalore51,80056,500
Hyderabad51,75056,450
Kerala51,75056,450
Pune51,75056,450
Vadodara51,80056,500
Ahmedabad51,80056,500
Jaipur51,90056,600
Lucknow51,90056,600
Coimbatore52,40057,160
Madurai52,40057,160
Vijayawada51,75056,450
Patna51,80056,500
Nagpur51,75056,450
Chandigarh51,90056,600
Surat51,80056,500

Gold Rate Today: What’s up on MCX?

Gold and silver prices rose on the Multi Commodity Exchange (MCX). Gold, which had crossed Rs 58,000 in the past few days, trended up by Rs 86 to Rs 55,825. Similarly, silver also crossed 71,000 in the previous days. But it is trending at Rs.64510 with a gain of Rs.476. Gold was trading at Rs 55,739 and silver at Rs 64,034 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

In the bullion market, the price of gold and silver increased. In contrast to silver, gold only slightly increased. 24 karat gold prices increased by Rs 4 to Rs 56,091 per 10 grammes, according to prices disclosed by the India Bullion Association. In parallel, the cost of silver increased by more than Rs 300 to Rs 64043 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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