Gold Rate Update: Prices of precious metals continue it's slide South, check current rates in your city here

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Navneet Choudhary
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Gold Rate Update

Gold Rate Update: Gold's cost has suddenly and dramatically decreased. 10 grammes of ornamental gold now cost Rs. 400 and Rs. 430 for pure gold. The cost of silver has dropped by Rs. 950 per kilogramme.

Gold price today in different cities of the country

city 22 carats 24 carats
Chennai ₹52,500 ₹57,230
Mumbai ₹51,800 ₹56,510
Delhi ₹51,950 ₹56,660
Kolkata ₹51,800 ₹56,510
Bangalore ₹51,850 ₹56,560
Hyderabad ₹51,800 ₹56,510
Kerala ₹51,800 ₹56,510
Pune ₹51,800 ₹56,510
Vadodara ₹51,850 ₹56,560
Ahmedabad ₹51,850 ₹56,560
Jaipur ₹51,950 ₹56,660
Lucknow ₹51,950 ₹56,660
Coimbatore ₹52,500 ₹57,230
Madurai ₹52,500 ₹57,230
Vijayawada ₹51,800 ₹56,510

Gold Rate Update: What’s up on MCX?

Gold for April-2023 futures is trading down 0.61 percent on MCX today. Gold price was trading at Rs 55,885 per 10 gram article on MCX this morning. On the other hand, silver for March-23 futures was trading 0.94 per cent higher at Rs 65,014 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 Update: 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 56343 per 10 kilos yesterday evening to Rs 56428 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 65474 per kg. to Rs. 65389 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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