#mcx gold rate
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newsbetulhub · 13 days ago
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Gold Prices Skyrocket Before Holi: Check Today's Gold & Silver Rates in Major Indian Cities
Gold Rates Hit New High Before Holi As Holi approaches, gold prices have surged significantly across India. On March 13, 2025, gold was trading at ₹86,990 per 10 grams on the Multi Commodity Exchange (MCX). In Delhi, Mumbai, Kolkata, and Chennai, the 24-carat gold price per 10 grams stands at: Delhi – ₹86,990 Mumbai – ₹86,990 Kolkata – ₹86,880 Chennai – ₹87,250 City-Wise Gold Rates…
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tfatrading · 4 months ago
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Discover the current MCX gold rate 24 carat today in India, along with detailed insights into gold pricing, purity, investment options, and forecasts for gold rates.
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hmatrading0 · 8 months ago
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crude oil forecast
Oil, sometimes called black gold, powers the world economy through its price swings.
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updatetoday1994 · 2 years ago
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SILVER RATE TODAY DELHI - 27 JULY- 2023 YES
                                        SILVER RATE TODAY DELHI IMAGE FROM :-www.informalnewz.com https://www.bankbazaar.com/ जैसा कि आप सभी जानते हैं कि भारत एक बड़ा देश है और दुनिया भर के लिए एक बड़ा बाजार भी है, इन दिनों यहां सोने, चांदी और हीरे की सबसे ज्यादा मांग है, इसलिए आज चांदी का भाव है…… What is the price of 1 kg Silver in Delhi today? 1 KG            =    ₹ 80,400                     …
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goldsilverreports · 2 years ago
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10bmnews · 11 hours ago
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Why Are Gold Prices Rising? Key Factors Behind Rs 9,500 Rally In Seven Weeks
Last Updated:February 22, 2025, 09:22 IST In India, gold prices surged by Rs 9,506 in seven weeks to Rs 86,020 per 10 grams on the MCX, compared with Rs 76,544 recorded seven weeks ago. Gold Rate Today, February 22: Latest Prices & Market Updates in India. Gold prices have been increasing both in India and international market. The yellow metal on Friday recorded a seventh straight weekly gain…
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kkmfastnewsup · 21 days ago
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Gold and silver prices steady amid market volatility
Gold silver rate (File photo) The prices of gold remained steady on Saturday at Rs 76,650 per 10 grams, marking a modest increase of 0.10% while silver hovered around Rs 97,260 per kilogram at 1:20 pm. On Friday, gold April futures contracts on MCX ended flat at Rs 85,820 per 10 grams, down by 0.07%, or Rs 57. Similarly, silver May futures closed flat but with a slight positive trend, at Rs…
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intensifyre · 22 days ago
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Gold rate today: Yellow metal oscillates near record high. Is it right time to buy gold?
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Gold rate today:
Following a sharp decline in the US dollar rate and trade conflict between the US and its trade partners, gold prices increased last week. MCX gold rate finished at ₹85,820 per 10 gm on Friday, ₹1,618 higher than the previous Friday’s close of ₹84,202 and ₹729 below the record high of ₹86,549 per 10 gm. MCX gold price finished below ₹86,000 after hitting a weekly high of ₹86,356. So, the yellow metal continuously oscillated around the record high in the domestic market. In the international market, spot gold price ended at $2,910 per ounce, around $52 higher than the previous Friday’s close of $2,858, while COMEX gold price finished at $2,914 per troy ounce, around $52 higher than last Friday’s close of $2,862 per troy ounce.
According to market experts, gold prices regained the ₹86,000 mark. They recouped almost all of the previous week’s losses due to the steep decline in the US dollar rates and safe-haven demand due to the economic uncertainty caused by Donald Trump’s tariff rant. However, the safe-haven demand eased at the end of the week when the US President decided to delay the full implementation of the 25 per cent tariff on Canadian and Mexican goods until April 2. They said that the spot gold price currently trades in the range of $2,850 to $2,930 per ounce, while the MCX gold rate currently trades in a broad range of ₹83,500 to ₹86,600 per 10 gm. They advised investors to maintain a buy-on-dips strategy as the overall trend is positive for the precious yellow metal.
Safe-haven demand
Speaking on the triggers that dictated gold prices last week, Sugandha Sachdeva, Founder of SS WealthStreet, said, “The rally in gold price reflects investors’ growing preference for safe-haven assets amid an uncertain economic environment. Ongoing trade conflicts between the US and its major trading partners have raised concerns about the US and global economic growth prospects. Earlier this week, President Trump imposed a 25% tariff on imports from Canada and Mexico and a 10% tariff on Chinese imports. However, he announced a partial rollback of these tariffs later in the week, suppressing the US dollar index and capping gold’s safe-haven rally. Trump administration has delayed the full implementation of the 25% tariff on Canadian and Mexican goods until April 2. The retaliatory tariffs Canada and China announced further spurred gold demand.”
The steep decline in US dollar rates
“The US dollar index declined sharply by 3.5% over the week, falling from the previous weekly close of 107.564 to 103.81, its lowest level since November 2024. This marked one of the steepest weekly drops since 2013. Weak economic data also played a role in boosting gold prices. The key US non-farm payroll data reported 151K new job additions in February, slightly short of estimates. Meanwhile, the unemployment rate rose to 4.1% from the previous 4%, a potential sign of a slow labour market slowdown,” Sugandha said.
The SS WealthStreet expert said that weak economic indicators have raised fears of slower growth and potential inflation risks, which could push the US Federal Reserve toward further monetary easing. This scenario would pressure the US dollar while supporting gold prices as a non-yielding asset.
Escalating trade war fear
“Last week, the US imposed new tariffs of 25% on Mexican and Canadian imports while raising duties significantly on Chinese goods to 20%. These prompted China and Canada to retaliate immediately, while Mexico is poised to follow. Such trade war normally pushes investors into gold as a hedge for economic uncertainty, which keeps supporting prices even amidst short-term sell-offs,” VT Market reports.
The VT Market added that robust economic data and a dovish Federal Reserve policy resisted the gold price rally. Rising Treasury yields, meanwhile, continue to test gold’s relative appeal against interest-bearing instruments.
Gold rate today: Important levels to look at
Advising investors to remain vigilant about the implications regarding spot gold price and MCX gold rates, Jateen Trivedi P Research — Commodity & Currency at LKP Securities said, “Gold rate today continues to face strong resistance at $2915-$2,925 in COMEX, while in MCX, ₹86,400 remains a key resistance level, with support at ₹84,500 to ₹84,000. The gold trading range remains between ₹84,000 and ₹86,500 per 10 gm.”
On a broader range of gold rates today, Sugandha Sachdeva of SS WealhStreet said, “On the domestic front, gold prices are facing significant resistance in the ₹86,350 to ₹86,600 10 gm zone. A successful breakout could push the ice towards the ₹87,500 10 gm mark. Conversely, failure to breach this resistance may lead to a downward correction, with support at ₹84,300 per 10 gm and further at ₹83,500 per 10 gm.”
Triggers that may dictate gold prices
On important triggers that may dominate gold prices in the near term, Sugandha said, “Market participants will closely monitor the US core CPI for February, as well as the Producer Price Index and weekly unemployment claims. These economic indicators will help determine the short-term trend for bullion. Additionally, any new developments in the ongoing tariff disputes will be a crucial catalyst in shaping gold prices.”
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5xtrade · 29 days ago
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Precious Metals Trading in India: A Comprehensive Guide to Gold, Silver, and More
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Are you looking to diversify your investments? Precious metals like gold and silver have always held a special place in India. It's more than just tradition; it's about financial security. Trading these metals offers some good opportunities.
This guide will simplify precious metals trading in India for everyone. Beginners and experienced investors alike can get something out of it. We'll explore ways to invest, from physical gold to contracts. We'll also cover the risks and rules you should know.
Ready to explore the world of precious metals? Let's get started!
Understanding the Precious Metals Trading Market in India
Precious metals are a big deal in India, both historically and now. Let's look at their importance and how the market works.
Historical Significance and Current Market Size
Gold and silver are deeply woven into Indian culture. Think weddings, festivals, and family wealth. The demand is huge. Indians buy tons of gold each year, solidifying its role as a safe haven. India's passion for gold is expected to grow the market even more.
Major Players and Market Dynamics
Many people play a role in India's precious metals market. Bullion dealers, commodity exchanges, and refiners are important. The Multi Commodity Exchange (MCX) is a key place where trading happens. Prices change based on global events, currency values, and political happenings. Economic news can affect investor sentiment.
Regulatory Framework Governing Precious Metals Trading
Several groups oversee precious metals trading in India. SEBI (Securities and Exchange Board of India) is one of them. The Bureau of Indian Standards (BIS) sets standards for gold purity. Rules cover taxes, import duties, and how trading works. Make sure you are aware of the rules.
Avenues for Investing in Precious Metals
You can invest in precious metals in different ways. There are options for every risk level and goal. Let's check them out.
Physical Gold and Silver: Coins, Bars, and Jewelry
You can buy actual gold and silver in the form of coins, bars, and jewelry. Physical metal feels real, but storage and security are concerns. Jewelry also has making charges, which adds to the cost. Sovereign Gold Bonds (SGBs) are a good alternative because they are stored electronically.
Gold ETFs and Mutual Funds
Gold ETFs (Exchange Traded Funds) and mutual funds are other ways to invest. They are convenient and easy to buy and sell. ETFs try to match the price of gold, while funds invest in gold-related companies. Compare the fees and performance of different options before investing
Commodity Derivatives: Futures and Options Trading
You can trade gold and silver futures and options on exchanges like 5xtrade. These derivatives contracts let you speculate on price movements. It's riskier than physical gold because of leverage. Leverage means you are controlling a larger position with less capital. Understand the risks before trading derivatives.
Strategies for Profitable Precious Metals Trading
Want to trade precious metals like a pro? These strategies can help you make smart choices.
Fundamental Analysis: Tracking Market Drivers
Keep an eye on things that move the market. Inflation, interest rates, and the global supply of gold matter. When inflation goes up, gold prices often rise too. Watch what central banks do with interest rates; these decisions matter.
Technical Analysis: Charting Patterns and Indicators
Technical analysis involves looking at price charts. You can use patterns and indicators to spot good times to buy or sell. Candlestick patterns, moving averages, and the Relative Strength Index (RSI) are helpful. These tools can show potential trends.
Risk Management: Setting Stop-Loss Orders and Managing Leverage
Risk management is key. Set stop-loss orders to limit your losses if the price moves against you. Diversify your portfolio, don't put all your eggs in one basket. Avoid using too much leverage, as it can magnify losses.
Tax Implications of Precious Metals Trading in India
Taxes are a part of investing. Know the tax rules for precious metals in India.
Capital Gains Tax on Gold and Silver
When you sell gold or silver, you might have to pay capital gains tax. This tax depends on how long you held the asset. Short-term gains (less than 3 years) are taxed at your income tax rate. Long-term gains are taxed at a lower rate with indexation benefits.
Taxation of Commodity Derivatives Trading
Trading futures and options also has tax implications. Profits from these trades are usually treated as business income. You'll need to report these gains and pay taxes based on your tax bracket.
Impact of GST on Precious Metals
GST (Goods and Services Tax) applies when you buy physical gold and silver. This tax increases the overall cost of your investment. Keep this in mind when calculating returns.
Expert Tips and Resources for Precious Metals Investors
Here are some tips to help you succeed in precious metals trading.
Choosing a Reputable Broker or Platform
Pick a good broker or platform for trading. Look for regulatory compliance and reasonable fees. Check customer support reviews to make sure they are dependable.
Staying Informed: Following Market News and Analysis
Keep up with the latest news and analysis. Follow reliable sources for market insights. Economic calendars and expert opinions can help you make informed decisions.
Continuing Education: Courses and Seminars on Precious Metals
Consider taking courses or attending seminars. These resources can deepen your knowledge. Learning never stops; there's always something new to discover.
Conclusion: Navigating the Golden Path
Precious metals can be a great way to diversify your investments. By understanding the market and managing risk, you can potentially find financial success in India. Remember, knowledge and a long-term mindset are essential. Let the allure of gold and silver enhance your portfolio.
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connectbiznews · 2 months ago
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Gold Rate Today: Gold quickly opened at Rs 84,653, silver shine on MCX, Gold Rate Today: The beginning of gold and silver futures trading is increasing. Today (7 February 2025) Both futures of ...
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newsbetulhub · 18 days ago
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Gold Prices Drop Again: Check Today’s Rates in Major Indian Cities
Gold Price Update: The fluctuations in gold prices continue. On March 11, 2025, gold closed strong on MCX at ₹86,152 per 10 grams. However, today, March 12, 2025, gold prices have dropped compared to yesterday. As of the latest update, MCX gold is trading ₹112 lower at ₹86,040 per 10 grams. Gold Prices in Major Cities Today Delhi: ₹86,230 per 10 grams (24K) Mumbai: ₹86,230 per 10 grams…
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tfatrading · 5 months ago
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Gold is a precious metal that holds significant value in global markets. As of today, the gold rate stands at ₹79,890 per 10 grams. Investors and traders keenly watch the gold rate forecast for tomorrow and upcoming days to make informed decisions. Understanding the various factors influencing gold prices is crucial for anyone looking to invest or trade in gold.
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jewelhousechandigarh19 · 2 months ago
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Sell Gold Jewelry with Confidence: Avoid Common Pitfalls and Get the Best Price
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Selling gold jewellery can be a smart way to unlock cash from items you no longer use. Whether you’re looking to sell gold for immediate financial needs or simply want to declutter, getting the best price requires careful planning. In this blog, we’ll guide you on how to sell gold jewellery confidently, avoid common mistakes, and maximise your earnings.
Why Sell Gold Jewelry?
Gold is an asset, and it doesn't lose its price most of the time when the economy is all haywire. If you have some old gold jewellery you never wear anymore, you can sell it for instant cash. The process can be overwhelming in itself if you do not know how to take that first step. If you know what the basics are, you can avoid ruining the transaction.
Steps to Sell Gold Jewelry Successfully
1. Know the Value of Your Gold
Before you sell gold jewellery, it’s important to understand its worth. The value depends on:
Purity: Measured in karats (e.g., 24K is pure gold).
Weight: The heavier pieces are worth more.
Market Rates: Gold prices change daily, so check the current rate.
There are online calculators, or you can always check with those old gold buyers and see how much exactly your jewellery is worth. Taking this into consideration will prevent getting ripped off. You will also know how much your gold is really worth.
2. Choose the Right Buyer
It is crucial to find a gold buyer you can trust. Here's what you should do:
Local Stores: Gold is easy to sell. Visit different stores to see who has the best deal. Plus, people buy gold locally for cash, which is an advantage if you need it.
Online Platforms: Many reputable websites allow you to sell gold jewellery from home. They usually pay good prices and have insured shipping methods.
Reputation: Finding buyers with good reviews and proper certifications. A reputable buyer will tell you how they plan to appraise your pieces and how much they are willing to pay.
3. Avoid Common Mistakes
When you sell gold, avoid these pitfalls:
Settling for the First Offer: Make sure you check quotes with other buyers. Prices vary widely, so shop around.
Ignoring Purity: Make sure your gold is tested for the right karat. What if you are unsure of the purity of your jewellery, and therefore buyers offer less money.
Selling in a Rush: Timing matters. Monitor gold prices and sell when rates are high. Selling during a market upswing can significantly increase your earnings.
4. Prepare Your Jewelry for Sale
To get the best price, follow these steps:
Clean Your Jewelry: Gently clean your gold pieces to remove dirt and oils. Use a soft cloth or a mild soap solution. Avoid harsh chemicals that could damage delicate items.
Separate by Purity: Group your jewellery by karat value (e.g., 18K, 22K). This makes it easier for buyers to assess and ensures you get a fair price for each piece.
Keep Documentation: If you have original receipts, appraisals, or certificates of authenticity, bring them along. These documents can add value and verify the legitimacy of your jewellery.
Where to Sell Gold Jewelry
Local Jewelry Stores
Selling gold near me offers immediate payment and face-to-face interaction. Local stores are perfect if you want a more personal experience and would like to see them appraise your gold. The prices will vary, though, so you'll have to go to several different stores to find out what deals are available.
Online Buyers
Online platforms offer convenience and lower pricing. Find reliable sites that advertise secure transactions and insured shipping. If you don't want to run around to multiple stores and get ripped off, you can sell gold online. 
Tips to Get the Best Price
Research Market Rates: Find out what the going rate for gold is now when you sell it. Real-time gold rates are available on websites such as the Multi Commodity Exchange (MCX) of India. If you know the current market rate, then at least you know how much your gold is really worth.
Negotiate: Don’t hesitate to discuss the price with the buyer. If you’ve done your research, you’ll be in a strong position to negotiate a better deal.
Sell at the Right Time: Gold prices fluctuate, so wait for a favourable rate. Selling during a market upswing can significantly increase your earnings.
Common Questions About Selling Gold Jewelry
1. How do I find reliable old gold buyers?
Look for buyers with positive reviews, proper certifications, and transparent pricing. Ask friends or family who have sold gold before for recommendations.
2. Can I sell broken or damaged gold jewellery?
Yes, you can sell broken or damaged gold jewellery. Buyers typically evaluate gold based on its weight and purity, not its condition.
3. Is it better to sell gold locally or online?
Both options offer advantages when selling gold. Local ones have the benefit of ready cash and face-to-face communication. However, online sites are very convenient and much more competitive pricing-wise. Whichever works for you.
Final Thoughts
Selling gold jewellery doesn’t have to be complicated. If you know what your piece of gold is worth, who to sell it to, and what to avoid, you can sell it with confidence and make the most money you can for it!
If you are going to sell gold near me Mohali or online, do your research and get ready. Are you ready to sell some old gold? This will ensure a pleasant and organised experience when selling gold jewellery. Remember, preparation and knowledge are the best ways to get the best price. Happy selling!
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Gold price today: MCX gold rate hits one-month high despite strong US dollar. US Fed rate cut in focus
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businessviewpointmag · 3 months ago
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Gold and Silver Prices See Fluctuations Amid Changing Market Dynamics
Gold and Silver Prices Show Regional Variation
Gold prices remained stable across India on Tuesday, with slight regional differences in pricing. The cost of 24-carat gold settled at ₹7,893.3 per gram, while 22-carat gold was priced at ₹7,237.3 per gram. Over the past week, 24-carat gold prices rose by 1.24%, although prices experienced a 2.14% decrease over the last month. Silver traded at ₹96,100 per kg on the national level. Notable regional prices for gold were recorded in Delhi at ₹78,933 per 10 grams, Chennai at ₹78,781, Mumbai at ₹78,787, and Kolkata at ₹78,785 per 10 grams. Silver prices also showed some variation, with rates in Delhi at ₹96,100 per kg, Chennai at ₹104,700, Mumbai at ₹95,400, and Kolkata at ₹96,900.
Daily and Weekly Price Movements for Gold and Silver
In Delhi, gold experienced a slight drop from ₹79,533 on Monday to ₹78,933 on Tuesday, and a more significant decline from last week’s price of ₹80,523. Similarly, silver prices in Delhi saw a decline from ₹97,100 on Monday and from ₹99,100 the previous week to the current rate of ₹96,100. Chennai saw gold prices dip from ₹79,381 on Monday to ₹78,781 on Tuesday, with a weekly decline from ₹80,371. Silver prices in the city also fell from ₹105,700 on Monday and ₹107,700 last week to ₹104,700. Mumbai’s gold price followed a similar trend, dropping from ₹79,387 on Monday to ₹78,787 on Tuesday and down from ₹80,377 last week. In Kolkata, the Tuesday price for gold was ₹78,785 per 10 grams, compared to ₹79,385 on Monday and ₹80,375 last week, with silver prices similarly declining from ₹97,900 on Monday and ₹99,900 the prior week to ₹96,900.
Market Factors Influencing Gold and Silver Prices
On the Multi Commodity Exchange (MCX), February 2025 gold futures traded at ₹76,025 per 10 grams, reflecting a slight decrease of 0.021% at the time of publication. In contrast, silver May 2025 futures saw a modest uptick of 0.14%, trading at ₹93,276 per kg. Fluctuations in gold and silver prices are attributed to a range of factors including shifts in international demand, currency value changes, interest rates, and domestic government policies. Market experts and jewelers indicate that factors like the global economic climate, changes in the US dollar value, and international events play crucial roles in the Indian precious metals market. The interplay of these elements continues to influence price movements, making gold and silver prices dynamic and subject to change based on evolving global and local conditions.
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10bmnews · 2 days ago
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Gold Price Today In India: Yellow Metal Steady - Check Rates In Delhi, Mumbai & Other Key Cities On March 02
Last Updated:March 02, 2025, 09:11 IST Gold prices in India fell after hitting all-time highs. On Sunday morning, the yellow metal was trading at Rs 79,400 per 10 grams for 22-carat and Rs 86,620 per 10 grams for 24-carat in Mumbai. In futures trade on the Multi Commodity Exchange (MCX), gold contracts for April delivery declined Rs 554 to Rs 85,320 per 10 grams. Gold Rate Today in India: Gold…
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