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Gold Rate Today: Should you wait? Prices of yellow metal continue to move up, silver rolls down, check current rates in your city here

Gold Rate Today: Selling at Rs 58,865 per 10 grammes, up just Rs 46 or 0.08 percent, gold futures with an August 4, 2023 maturity date are currently available. The last close was at 58,809 rupees. MCX silver futures for July 5, 2023 delivery were now trading at Rs. 70,387 per kg, down from Rs. 70,419 at the previous close, a loss of Rs. 17, or 0.02 percent.

GOLD, SILVER PRICES IN MAJOR CITIES

CITYGOLD (per 10 grams, 22 carats)SILVER (per kg)
NEW DELHIRs 54,250Rs 71,500
MUMBAIRs 54,100Rs 71,500
KOLKATARs 54,100Rs 71,500
CHENNAIRs 54,450Rs 74,000

Gold Rate Today: What’s up on MCX?

Gold futures having an expiration date of August 4, 2023, were trading at Rs 58,865 per 10 grammes, up just Rs 46 or 0.08 percent. The prior closing price was 58,809 rupees. The price of the July 5th, 2023 delivery silver futures on the MCX had fallen to Rs. 70,387 per kg at this moment, down from Rs. 70,419 at the previous closing, a loss of Rs. 17, or 0.02 percent.

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 59973 per 10 kilos to Rs 60012 per 10 grammes today. The cost of silver, on the other hand, silver is decreased from Rs 70969 per kg. to Rs 70782 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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