On September 17, gold was priced at Rs 73,276 per 10 grams on MCX, while silver was priced at Rs 89,383 per kg. Let’s find out how much has changed in the price of gold and silver today.
The price of gold was increasing for the last few days, but today i.e. on Tuesday, the price of gold has decreased. Gold has become cheaper on both MCX and Indian bullion markets. On September 17, gold was priced at Rs 73,276 per 10 grams on MCX, while silver was priced at Rs 89,383 per kg.
Gold has become so cheap on MCX today
In the multi-commodity market, the gold-silver rate (Gold-Silver Rate) is seen to rise or fall on a daily basis. Even today, the price of gold on MCX has fluctuated. After rising for the last several days, the price of gold has decreased by Rs 226 today. At the same time, the price of silver has also fallen by more than 200 rupees.
Gold prices have also fallen in the bullion market
Apart from the multi-commodity market, gold has become cheaper in the Indian bullion market as well. Gold price of 10 grams yesterday evening was Rs 73,489, it has come down to Rs 73,276 per 10 grams today evening. That means gold prices have decreased by 213 rupees. Silver was priced at Rs 87,537 per kg on Tuesday, against Rs 88,314 per kg a day earlier. That means the price of silver has fallen by 777 rupees in one day.
Gold and silver became expensive in 10 days
Talking about last 10 days gold and silver prices have increased as per MCX data. On September 6, gold was priced at Rs 71,624 per 10 grams, which has risen to Rs 73,276 today. Accordingly, gold has become expensive by Rs 1,652 in 10 days. Talking about silver, it was Rs 82,757 per kg on September 6, which has increased to Rs 89,383 per kg today. Accordingly, the price of silver has increased by Rs 6,626 in 10 days.
The price of gold and silver is changing daily. The rates of gold and silver are determined by the bullion market. However, making charge and GST are added to the price of gold and silver in jewelery shops. After that the rates of any jewelery are determined. People are often advised to distinguish between genuine and fake gold or silver when purchasing it.