There is a jump in the prices of gold and silver in the country on Thursday, July 18. After the opening of the jewellery market, the price of gold has increased by about Rs 250. While the price of silver has increased by about Rs 400. Know what is the price of gold and silver on MCX today.
What is the price of gold on Thursday 18th July?
On Thursday, on the Multi Commodity Exchange, MCX, gold for delivery on August 5 was trading at Rs 74,372 per 10 grams with a gain of 235. While gold for delivery on October 4 is trading at Rs 74,805 per 10 grams with a gain of Rs 258. Apart from this, gold for futures delivery on December 5 rose by 21 to reach Rs 75,209 per 10 grams.
Silver prices rise
Silver for September delivery today rose by around Rs 400 to Rs 92,348 per kg on the Multi Commodity Exchange, while December 5 futures silver rose by Rs 383 to Rs 95,000.
Earlier on Wednesday, silver for delivery on September 5 on MCS closed at Rs 91942 per kg. Future December silver closed at Rs 94,617 per kg on December 5.
US gold rates steady
As far as US gold is concerned, gold prices hit a record high on Wednesday after the Federal Reserve cut interest rates in September. However, prices remained stable on Thursday. Gold prices were little changed at $2,459.47 an ounce by 0051 GMT. The price hit an all-time high of $2,483.60 on Wednesday. US gold futures rose 0.1 percent to $2,462.50. Spot silver rose 0.1 percent to $30.33 an ounce.
Know the cost of a missed call from your mobile phone
To know the retail price of 22 carat and 18 carat gold jewellery, you can give a missed call to 8955664433. You will get the new prices via SMS within a few minutes.
Pay attention to the hallmark while buying gold
Always keep in mind the quality of gold while buying it. Customers buy gold by looking at the hallmark mark. Hallmark gold is a government guarantee. The Bureau of Indian Standards determines the hallmark.