MCX Update: What is the market indicating?
According to data from Multi Commodity Exchange MCX India, a slight fall was recorded in gold futures on Friday, while there was a big fall in silver.
- Gold futures: 0.03% decline
- Silver futures: 4.48% decline
This clearly indicates that there is no stability in the market right now and fluctuations may continue in future also.
What is the latest rate of 24K and 22K gold today?
According to India Bullions, at 9 am today:
- 24 carat gold: ₹1,49,750 per 10 grams
- 22 carat gold: ₹1,37,271 per 10 grams
- Silver: ₹2,33,340 per kg
However, keep in mind that jewelers add making charges, GST and taxes, due to which the actual price may be slightly higher.