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Gold Rate Update: Yellow metal, silver trading on higher side on the MCX, Check out the latest city-wise prices here

Gold Rate Update: Gold and silver are both trading higher on the Multi Commodity Exchange (MCX) on January 12 for the second straight day.

Gold futures with a maturity date of February 3, 2023 were trading at Rs 55,862 per 10 grammes, up Rs 157 or 0.28 percent, on the MCX.

On the MCX, silver futures with a March 3, 2023, maturity also saw a rise of Rs 417 (0.61 percent), selling at Rs 68,479 per kg.

Updated Gold Price in major cities of the country

CITY24 Karat GOLD PRICE (10g) on January 1224 Karat GOLD PRICE (10g) on January 11
DelhiRs 56,220Rs 56,110
MumbaiRs 56,070Rs 56,960
ChennaiRs 57,120Rs 57,050
KolkataRs 56,070Rs 56,960
BangaloreRs 56,120Rs 56,010
AhmedabadRs 51,450Rs 51,350

Updated Silver Price in major cities of the country

CITYSILVER PRICE January 12 (1kg)SILVER PRICE January 11 (1kg)
DelhiRs 71,500Rs 71,500
MumbaiRs 71,500Rs 71,500
ChennaiRs 74,000Rs 74,000
KolkataRs 71,500Rs 71,500
BangaloreRs 74,000Rs 74,000
AhmedabadRs 71,500Rs 74,000

Gold Rate Update: What’s up on MCX?

The Multi Commodity Exchange (MCX) saw a second straight day of trading. In the domestic market, the yellow metal increased by Rs 147. The price of gold futures for February 3 delivery increased 0.26 percent to Rs 55,840 per 10 kilos on the MCX.
On the MCX, however, silver prices increased by Rs 543, or 0.8%. On the MCX, the retail price for silver futures with a March 3, 2023, maturity was Rs 68,516 per kg.

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

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 56115 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 68304 per kg. last evening to Rs. 68363 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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