Gold Silver Rates: Gold Price Drops, Silver Shines Up – Check Latest Rates

Gold Silver Rate: Gold price is witnessing decline today and it is getting cheaper than last trading session. Gold is on the decline while silver is up slightly. If we look at the prices of precious metals, the price of gold is weak even today. At the same time, gold is trading sharply lower in the retail market today.

What is the price of gold on MCX?

Today, gold is trading at Rs 109 or down 0.18 percent on the multi-commodity exchange. Gold is trading at Rs 58865 per 10 grams on MCX today. Below it, the price reached Rs 58,802 and above it, the rates reached Rs 58,869 per 10 grams. These gold prices are for October futures.

Why does silver shine?

Due to the increase in demand for silver, its rates are also increasing today. However, silver is seeing an increase of Rs 41 per kg on MCX. Silver price on MCX today is Rs 69995. Today’s peak price of silver was Rs 70036 per kg. Along with this, the price of silver stood at Rs 69833 per kg.

Silver price in the retail market

The retail market is also witnessing a decline in the price of gold today and it has become cheaper by Rs 110 per 10 grams. Know what are the gold rates in four metros and your city today-

Delhi: 24 karat pure gold fell by Rs 110 to Rs 59,430 per 10 grams.
Mumbai: 24 karat pure gold fell by Rs 110 to Rs 59,400 per 10 grams.
Kolkata: 24 karat pure gold fell by Rs 50 to Rs 59,950 per 10 grams.
Chennai: 24 karat pure gold fell by Rs 100 to Rs 54,450 per 10 grams.

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