Gold Rate Today: Both gold and silver prices are retailing on the higher side of the Multi Commodity Exchange today after recording a decline yesterday. On the MCX, gold futures with a maturity date of April 5, 2023, were trading at Rs 56,258 per 10 grammes after registering a slight increase of Rs 53 or 0.09 percent. Similar to gold, which experienced a rise of Rs 299 or 0.46 percent, silver futures with a March 3, 2023, maturity also saw a rise and were trading at Rs 65,780 per kg on the MCX.
Silver and Gold Rate Today in some major cities
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 52,150 | Rs 71,200 |
| MUMBAI | Rs 52,000 | Rs 71,200 |
| KOLKATA | Rs 52,000 | Rs 71,200 |
| CHENNAI | Rs 52,800 | Rs 74,000 |
Gold Rate Today: What’s up on MCX?
Gold futures, maturing on April 5, 2023, stood at Rs 56,258 per 10 grams on the MCX, after recording a marginal hike of Rs 53 or 0.09 per cent.
Similarly, silver futures, maturing on March 3, 2023, also witnessed a jump of Rs 299 or 0.46 percent and were trading at Rs 65,780 per kg on the MCX.
The prices of gold and silver stood at Rs 56,126 per 10 grams and Rs 65,421 per kg respectively when the market closed.
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.
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 56770 per 10 kilos yesterday evening to Rs 56478 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 66055 per kg. last evening to Rs. 65411 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.)
Keep watching our YouTube Channel ‘DNP INDIA’. Also, please subscribe and follow us on FACEBOOK, INSTAGRAM, and TWITTER
