Gold Rate Today: The slide for precious metals continue, check current rates in your city here

Gold Rate Today: On the lower side of the Multi Commodity Exchange, gold and silver are trading (MCX). The MCX saw a decline in the price of precious metals. On the MCX, gold futures with a maturity date of April 5, 2023, saw a decline of Rs 250 and 0.4%. Retail prices are Rs 56,666 for 10 grammes. Silver futures with a March 3, 2023, maturity fell by Rs 294 (0.44%) and were currently trading at Rs 66,086 per kg. While gold was trading at Rs 56,750 per 10 grams on the MCX when the market closed on Wednesday, silver was at Rs 66,251 per kg.

Silver and Gold Rate Today in some major cities

Gold Rate Today: What’s up on MCX?

On Thursday, gold futures, maturing on April 5, 2023, recorded a dip of Rs 250 and 0.44 per cent on the MCX. The rates are retailing at Rs 56,666 per 10 grams.

Meanwhile, silver futures maturing on March 3, 2023, recorded a downfall of Rs 294 or 0.44 per cent, and were trading at Rs 66,086 per kg.

While gold was trading at Rs 56,750 per 10 grams on the MCX when the market closed on Wednesday, silver was at Rs 66,251 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 and silver has decreased today compared to yesterday, according to IBJA. The price of gold has decreased from Rs 57365 per 10 kilos yesterday evening to Rs 57476 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 67494 per kg. last evening to Rs. 67194 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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