Gold MCX Rate:- The price of gold is constantly fluctuating. The price of gold changes every day. In the past two days, both gold and silver have been rising at rocket speed. According to the India Bullion and Jewellers Association (IBJA), gold prices have declined slightly today. However, the cost of silver has increased. First, let’s find out the current prices of gold and silver across the country.
What is the price of gold?
At around 10:30 am, the price of gold on MCX is ₹124,043 per 10 grams. This is an increase of ₹130 per 10 grams. So far, gold has traded between ₹124,300 and ₹124,444 per 10 grams.
Silver Price Today:
Around 10:30 am, the price of 1 kg of silver on the MCX was seen at ₹155,522 per kg. This represents an increase of ₹835 per kg. Silver has so far traded between ₹154,926 and ₹155,850 per kg.
Hallmark is the hallmark of genuine gold.
If you are going to buy gold jewellery, never compromise on quality. Buy jewellery only after checking the hallmark, as it is the government guarantee for gold. In India, the Bureau of Indian Standards (BIS) determines the hallmark. Each carat has a different hallmark number. Failure to do so could result in your gold being adulterated, so always inspect it before purchasing.
Due to the wedding season, demand for jewellery has started to increase again. Rising prices are certainly affecting consumer purchases, but jewellery remains popular during weddings. Some jewellers say they are creating lightweight jewellery to suit customers’ budgets. This time, many new designs and varieties will be available in the market, so that even those with a budget can purchase gold jewellery.