Gold Rate Today: People all across the world have long been drawn to gold, and Indians particularly like it. Gold has carved out a unique place for itself. The current high rate of gold in India has also reduced number of buyers. According to data from the World Gold Council, India is able to surpass China in terms of gold consumption once again. The current price of gold in India is Rs 5,450 per gram for 22k gold and Rs 5,945 per gram for 24k gold, commonly known as 999 gold.
Gold rates in some major cities
| Name of the cities | 22k Gold | 24k Gold |
| Chennai | Rs. 54750 | Rs. 59730 |
| Delhi | Rs. 54650 | Rs. 59600 |
| Kolkata | Rs. 54500 | Rs. 59450 |
| Ahmedabad | Rs. 54550 | Rs. 59,500 |
| Patna | Rs. 54550 | Rs. 59500 |
| Chandigarh | Rs. 54650 | Rs 59600 |
| Gurgaon | Rs. 54650 | Rs 59600 |
| Ghaziabad | Rs. 54650 | Rs 59600 |
| Noida | Rs. 54650 | Rs 59600 |
Gold Rate Today: Prices on MCX
Gold futures with an expiration date of August 4, 2023 are currently selling at Rs 58640 per 10 grams, down a tiny 0.29 percent. On the other side, silver futures on the MCX are currently trading at Rs 73627 per kg and have a delivery date of September 5, 2023, up 0.08 percent. An independent organisation for commodity trade in India is called Multi Commodity trade of India. In addition to non-ferrous metals, it provides to trade in energy and agricultural products.
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.