Gold Rate Today: Yellow metal, silver move North, check out the rates in major cities here

Gold Rate Today: Over the years, gold has shown to be an excellent inflation hedge. Gold is becoming a more essential investment for investors. We are presenting the gold price in India for our readers’ information only. These gold rates are current and sourced from reputable jewellers in the country.

Change in price of Gold Rate Today

Gram22K Today22K YesterdayPrice Change
1 gram5,2705,23535
8 gram42,16041,880280
10 gram52,70052,350350
100 gram5,27,0005,23,5003,500

Indian Major Cities : Gold Rate Today

City22K Today24K Today
Chennai53,55058,420
Mumbai52,70057,490
Delhi52,85057,650
Kolkata52,70057,490
Bangalore52,75057,550
Hyderabad52,70057,490
Kerala52,70057,490
Pune52,70057,490
Vadodara52,75057,550
Ahmedabad52,75057,550
Jaipur52,85057,650
Lucknow52,85057,650
Coimbatore53,55058,420
Madurai53,55058,420
Vijayawada52,70057,490
Patna52,75057,550
Nagpur52,70057,490
Chandigarh52,85057,650
Surat52,75057,550
Bhubaneswar52,70057,490
Mangalore52,75057,550

Indian Major Cities Silver Rates Today

CitySilver Rates Today Per Kg
Chennai 74000.00
Mumbai 72500.00
Delhi 72500.00
Kolkata 72500.00
Bangalore 74000.00
Hyderabad 74000.00
Kerala 74000.00
Pune 72500.00
Vadodara 72500.00
Ahmedabad 72500.00
Jaipur 72500.00
Lucknow 72500.00
Coimbatore 74000.00
Madurai 74000.00
Vijayawada 74000.00
Patna 72500.00
Nagpur 72500.00

Gold Rate Today: What’s up on MCX?

On MCX, Gold February Future was trading up by 28 percent to Rs 56,444 per 10 grams in the afternoon trade. In contrast to this, Silver March futures dipped 0.27% to Rs 68,043 per kg.

During August 2020, gold price touched Rs 57,191 per 10 grams on MCX. Gold was seen at Rs 56,981 per 10 grams on MCX this morning. That means gold is getting only 210 rupees cheaper than the record price.

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 56084 per 10 kilos yesterday evening to Rs 56521 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 68304 per kg. last evening to Rs. 68686 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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