Gold Rate Update: Good News! Prices of precious metals slip, check current rates in your city from Delhi to Mumbai here

Gold Rate Update: If you plan to buy gold in the country today, you have selected a fortunate day because the price of gold and silver has dropped significantly. The price of gold per 10 grammes has dropped by more than hundreds of rupees. If you go gold shopping, you will be able to save a lot of money. However, both gold and silver precious metals are trading strongly in the country's commodity market today.

GOLD AND SILVER PRICES IN MAJOR CITIES

Gold Rate Update: What’s up on MCX?

The price of gold per 10 grammes is currently Rs 58151 on the MCX, up Rs 44 from yesterday. Gold's price per 10 grammes fluctuated between Rs 58125 and Rs 58198. For its August futures, these gold prices are provided. Silver is now at Rs 69471 per kg on the MCX, up Rs 130 or 0.19 percent. Silver increased to Rs. 69401 per kg in the lower range and Rs. 69580 in the upper range. These silver prices apply to its July 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.

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 Update : 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 60251.00 per 10 kilos to Rs 59715.00 per 10 grammes today. The cost of silver, on the other hand, silver is decreased from Rs 72173.00 per kg. to Rs 71700.00 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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