Gold Price Today: Gold has become cheaper or there has been a jump in the price, know today’s price
There was a slight jump in the futures price of gold on Monday. On the other hand, the price of silver fell. What is the price of gold on the Multicommodity Exchange (MCX)?

Gold Price Today: If you are planning to buy gold, then definitely take a look at this news. Yes… on the first day of the week i.e. on Monday, the first fall was recorded in the Gold Rate Today. After the huge volatility in the global market, all eyes were on the Indian futures market. However, there was no significant change in the prices of gold and silver here.

There was a slight jump in the futures price of gold on Monday, the first trading day of the week. On the other hand, the price of silver fell. On the Multicommodity Exchange (MCX) today (July 11, 2022 Gold Price), the futures price of 24 carat purity gold rose by Rs 2 to Rs 50,781 per 10 grams. Earlier, trading in gold had started openly at the level of Rs 50,709. However, later the demand increased, due to which it increased further after some time. Right now the futures price of gold is visible only around its previous closing price.

Know the purity of gold
Hallmarking has been done by the International Organization for Standardization to identify the purity of gold. You will see 999 on 24 carat gold, 958 on 23 carat, 916 on 22 carat, 875 on 21 carat and 750 on 18 carat. Be aware that most of the gold is available in the market in 22 carats, while some people are also seen using 18 carats. If you do not know, then let us tell you that the carat is not more than 24, and the higher the carat, the purer the gold you will get.

import duty on this yellow metal from 10.75 per cent to 15 per cent on July 1, 2022. The change in fee came into effect from June 30. Earlier, the basic customs duty on gold was 7.5 per cent which has now increased to 12.5 per cent. The effective customs duty on gold has gone up to 15 per cent along with the Agriculture Infrastructure Development Cess of 2.5 per cent.