Gold Rate Update: Yellow metal prices dip, silver rates on an upswing, check current rates in your city

Gold Rate Update: One of several elements affecting the price of gold and silver in India is the rupee's exchange rate to the US dollar. The variations in demand around the world have a significant impact on precious metal prices. These gold prices are current as of today and were obtained from reputable jewellers across the nation. The current price of gold in India is Rs 5,445 per gramme for 22k gold and Rs 5,940 per gramme for 24k gold, commonly known as 999 gold.

GOLD, SILVER PRICES IN MAJOR CITIES

Gold Rate Update on MCX

Gold prices have fallen on the Multi Commodity Exchange (MCX). On the MCX, gold futures expiring on August 4, 2023 were trading at Rs 58858 per 10 grammes, down 0.20 percent. Silver futures, which expire on September 5, 2023, climbed 0.48 percent to Rs 70290 per kg on the MCX. First off, it's important to keep in mind that conventional gold and gold with a hallmark cost the same. There aren't any additional charges when you get a hallmarked gold rate. The selling price of regular gold remains constant. The purity of regular gold is guaranteed when you purchase it, which is the only distinction.

You can get the latest prices of gold by giving a missed call

You can phone 8955664433 and leave a missed call to learn the retail price of gold. You will receive the prices by SMS shortly after making a missed call to this number. Additionally, for ongoing updates or information, visit www.ibja.com or ibjarates.com.

How can you know the purity of the gold?

Currently, there is an app available from the government that allows you to check the purity of gold. Using the BIS Care app, customers may determine the purity of gold. Not only can you examine the purity of gold using this app, but you can also complain 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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