There was a slight increase in the rate of gold and silver during the wedding season. On Monday, before the trading week, the price of gold was seen in both MCX and bullion market.
Gold Price Today: A slight increase in the rate of gold-silver was seen in the midst of the wedding season. On Monday, before the trading week, the price of gold was seen in both MCX and bullion market. However, on Monday, the rate of silver broke in the bullion market and it saw a rise on MCX.
Gold and Silver Rate on MCX
On Monday, around 4 pm on the Multi Commodity Exchange (MCX Gold Price), the price of gold rose marginally to Rs 51,129. At the same time, the rate of silver on MCX (MCX Silver Price) increased to Rs 62156 per kg in the evening.
Mixed trend in bullion market
According to the website of India Bullion and Jewelers Association (IBJA), according to the rate released on Monday, 24-carat gold rose by about Rs 90 to Rs 51295 per 10 grams. The fall in the price of silver was seen at Rs 62462 per kg. At present, gold is running 5 thousand rupees cheaper than the record level. In such a situation, experts are telling the right time to buy gold.
22 carat gold Rs 46986
According to IBJA, 23 carat gold was at the level of Rs 51090 per 10 grams, 22 carat gold at Rs 46986 per 10 grams on Monday. Similarly, the price of 20 carat gold reached Rs 38471 and 14 carat Rs 30008 per 10 grams. Let us tell you that 3 percent GST has to be paid apart from the rate of IBJA.