Gold Rate Today: Prices of precious metals on a spin downward, check current rates in your city

Gold Rate Today: On the Multi Commodity Exchange, gold was down 0.17 percent at Rs 55,340 for a ten-gram piece, and silver was down 1.06 percent at Rs 63,845 for a kilogramme (MCX). Gold reached a new high of 58,660 after the Budget and set a new price record amid conflicting global cues.

Current rates in your city

city22 carats24 carats
Chennai₹52,010₹56,740
Mumbai₹51,350₹56,020
Delhi₹51,500₹56,170
Kolkata₹51,350₹56,020
Bangalore₹51,400₹56,070
Hyderabad₹51,350₹56,020
Kerala₹51,350₹56,020
Pune₹51,350₹56,020
Vadodara₹51,400₹56,070
Ahmedabad₹51,400₹56,070
Jaipur₹51,500₹56,170
Lucknow₹51,500₹56,170
Coimbatore₹52,010₹56,740
Madurai₹52,010₹56,740
Vijayawada₹51,350₹56,020
Patna₹51,400₹56,070
Nagpur₹51,350₹56,020
Chandigarh₹51,500₹56,170
Surat₹51,400₹56,070
Bhubaneswar₹51,350₹56,020
Mangalore₹51,400₹56,070
Visakhapatnam₹51,350₹56,020
Nashik₹51,380₹56,050
Mysore₹51,400₹56,070

Gold Rate Today: What’s up on MCX?

Gold for April futures on MCX was trading down 0.17 percent at Rs 55,340 per 10 gram article. On the other hand, silver for March futures was trading down 1.06 percent at Rs 63,845 per kg article.

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 Today: 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 56038 per 10 kilos yesterday evening to Rs 55957 per 10 grammes today. The cost of silver, on the other hand, dropped from Rs. 64549 per kg. to Rs. 64331 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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