Gold-Silver Price Today: Once again there is relief in the prices of gold and silver. At 10 am today on Multi Commodity Exchange, the price of ten grams of gold for delivery on June 5 was up by Rs 71 and was trading at Rs 71,000. Whereas, the price of gold to be delivered on August 5 has become Rs 71,104. Whereas, in Delhi, Mumbai and Kolkata the price of one kilogram of silver is Rs 82,900. The price of one kilogram of silver in Chennai was Rs 86,400. US gold prices fell on Wednesday as fears of an escalating conflict in the Middle East eased, while investors awaited key US economic data that could shed more light on the timing of an interest rate cut.
Gold futures prices fall due to weak spot demand
Amid weak spot demand, speculators reduced the size of their deals, due to which the price of gold fell by Rs 697 to Rs 70,500 per 10 grams in futures trade on Tuesday. In the Multi Commodity Exchange, the price of the contract for supply in the month of June fell by Rs 697, or 0.98 percent, to Rs 70,500 per 10 grams. 19,261 lots were traded in this. Market analysts said gold futures prices fell due to weak global cues and profit-booking at higher levels. Globally, gold fell 1.11 percent to $ 2,320.40 an ounce in New York.
| City | gold 22 carat | gold 24 carat |
| Jaipur | 66,290 | 72,300 |
| Gurugram | 66,290 | 72,300 |
| Meerut | 66,290 | 72,300 |
| Chandigarh | 66,290 | 72,300 |
| Noida | 66,290 | 72,300 |
| Delhi | 66,290 | 72,300 |
| Lucknow | 66,290 | 72,300 |
| Mumbai | 66,140 | 72,150 |
| Agra | 66,290 | 73,830 |
| Ghaziabad | 66,290 |
72,300 |
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How to identify the purity of gold
The purity of gold can be determined on the basis of carat. BIS Hallmark has been started by the government to measure the purity of gold. In this, more carat means more pure gold. Gold is divided into 24K, 22K and 18K carat. 24K gold is considered to be the purest. There is no adulteration of any kind in it. 22K gold consists of two parts metals like silver, zinc, nickel and the remaining part is gold. Most jewelery is made in 22k gold only. At the same time, 75 percent of 18K gold is gold. The remaining 25 percent is made up of other metals.