Gold Price Update: Wedding season is in full swing as the rate of gold and silver is down from their all-time high rates. However, on Monday the rate of gold has witnessed a marginal rise of Rs 38 per 10 grams and reached at the rate of Rs Rs 58,882 per 10 grams. On the contrary Silver has again seen a fall of Rs 433 per kg and dropped at the rate of Rs 66307 per kg. (Gold Price Update)
The buyers are happy with fall of precious metals’ rate and trading in the market on Monday saw a uptick.
It is noted that the rates of gold and silver in MCX and international markets are tax-free, so there will be a difference between the rates in the country's markets.
Gold on IBJA
According to the website of the Indian Bullion Jewelers Association(IBJA), today the rate of gold has opened at the level of Rs 57076 per ten grams. At the same time, it had closed at the level of Rs 57038 per ten grams on the previous trading day. Thus, today gold opened with a gain of Rs 38 per ten grams. However, even after this, gold is still selling cheaper by about Rs 1806 per 10 grams than its all-time high. Gold made its all-time high on February 2, 2023. At that time gold had gone up to the level of Rs 58882 per ten grams. Whereas today the rate of silver is open at Rs 66307 per kg. Silver had closed at 66740 per kg on the previous trading day. Thus, today the rate of silver opened with a fall of Rs 433 per kg.
Gold Price Update on MCX
Know at what rate gold is being traded on MCX in Monday morning Gold is being traded rapidly on the Multi Commodity Exchange (MCX). The futures trade of 5 April 2023 in gold is trading at a level of Rs 56,838.00 with a gain of Rs 97.00. On the other hand, the futures trade of silver on March 3, 2023, is trading at a level of Rs 66,486.00 with a fall of Rs 178.00.
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Know at what rate gold is being traded in the international market Gold is being traded rapidly in the international market. In the US, gold is trading at a gain of $ 0.62 at the rate of $ 1,863.63 an ounce. On the other hand, silver is trading at the level of $ 21.94 an ounce with a gain of $ 0.01.