Methodology

RatesWale aggregates publicly available commodity prices from official bodies, exchanges, and established market sources, then republishes them in one place with daily updates. This page explains exactly how that happens so you can judge the data for yourself.

Where the data comes from

Each commodity is sourced from one or more upstream providers. We prioritise official and authoritative sources where they exist, and established aggregators where they do not.

Every price page carries the source and the time it was last refreshed. Where a source publishes its own “last updated” date, we surface that too.

How we verify prices

Before a price is published, it passes through automated checks:

• Range checks — values outside a plausible band for that commodity are quarantined for review rather than published.
• Delta checks — sudden jumps versus the previous reading are flagged; an unusually large move is held back until it can be confirmed.
• Format & precision — currency, units, and decimal precision are normalised per commodity.
• Cross-source checks — where a commodity has more than one source (for example steel and cement), readings are compared and disagreements are surfaced.

Readings that fail a check are not silently dropped — they go to an internal review queue and are corrected or discarded.

Update timing

Most commodities refresh once each morning (India time); forex refreshes hourly and crypto every few minutes. A price shown on the site is the most recent value we have successfully collected and verified — not necessarily the price at this exact second. Always check the “updated” timestamp on the page.

Known limitations

• Prices are indicative. Actual rates at a specific pump, jeweller, dealer, or exchange may differ due to local taxes, dealer margins, and timing.
• Some sources publish at city or state granularity rather than for every location; we show the most specific level available.
• On very high-volume days, some agricultural mandi records may not be captured in full.
• We are an aggregator. We do not set prices and are not the originating authority for any rate.

Found something wrong?

Accuracy matters to us. If a price looks off, please report it here and we’ll investigate. Corrections are usually quick.

See also our about page and terms of use.