Gold Price Today 6 March 2023: Both gold and silver are trading on the higher side of the Multi Commodity Exchange (MCX) on Monday. Check the latest city-wise prices here.
By India Today Business Desk: Both gold and silver prices are retailing on the higher side of the Multi Commodity Exchange (MCX) on Monday, March 6.
Gold futures, maturing on April 5, 2023, stood at Rs 55,980 per 10 grams on the MCX, after recording a marginal hike of Rs 212 or 0.38 per cent.
Similarly, silver futures, maturing on May 5, 2023, also witnessed a jump of Rs 429 or 0.67 percent and were trading at Rs 64,934 per kg on the MCX.
The prices of gold and silver stood at Rs 55,721 per 10 grams and Rs 64,401 per kg respectively when the market closed on March 3.
GOLD, SILVER PRICES IN MAJOR CITIES
|CITY||GOLD (per 10 grams, 22 carats)||SILVER (per kg)|
|NEW DELHI||Rs 51,950||Rs 67,000|
|MUMBAI||Rs 51,850||Rs 67,000|
|KOLKATA||Rs 51,850||Rs 67,000|
|CHENNAI||Rs 52,510||Rs 70,600|
SALE OF GOLD JEWELLERY WITHOUT HALLMARK BANNED
Sale of gold jewellery and gold artefacts hallmarked without a six-digit alphanumeric HUID- unique identification number- shall not be permitted from April 1, the government said.
Hallmark Unique Identification (HUID) number is a six-digit alphanumeric code consisting of numbers and letters.
The move aims to protect consumers and enhance their confidence in the purchase of hallmarked gold jewelry with traceability and assurance of quality, says the consumer affairs ministry. Gold hallmarking is a purity certification of the precious metal. It was voluntary in nature till June 16, 2021.