free webpage hit counter

Today’s gold price: Here’s how much you’ll pay for the yellow metal in Delhi, Mumbai and other cities

Gold and silver prices across India remained unchanged on Sunday compared to the previous day’s figures. 10 grams of gold is available in 24 carat 50,130, 22 carats stand in the same gram 45,950. Last week, gold and silver futures witnessed volatility tracking global prices ahead of the Federal Reserve meeting, which is key to providing greater clarity on economic prospects. Gold is seen as a safe haven to protect returns against macroeconomic risks.

10 grams of gold is available in 22 carats 45,950, but is priced at 100 grams 4,59,500. There is a price 4,595 and 36,760 in 1 and 8 grams today.

Further, in 24 carat, 10 grams of gold is worth 50,130, at 100 g 5,01,300, at 1 gm 5,013 and available in 8 gm 40,104, according to GoodReturns which updates gold prices on a daily basis from reputed jewelers across the country.

In major cities, 24 carat gold in 10 grams is the highest 50,620 in Chennai, Coimbatore and Madurai. While there is a price 50,280 in cities like Delhi, Jaipur, Chandigarh and Lucknow. There is a price 50,180 in cities like Bangalore, Ahmedabad, Surat, Mangalore and Mysore. Prices are in cities like Nashik, Nagpur, Patna, Pune and Vadodara 50,160. In cities like Mumbai, Kolkata, Hyderabad, Kerala, Vijayawada, Bhubaneswar and Visakhapatnam — the cost of 10 grams of gold at 24 carat 50,130.

At the same time, the price of 1 kg of silver is 56,700 unchanged from the previous day. There is a price 5,670 per 100 grams, 567 for 10 grams, 453.60 per 10 gm, and 56.70 per 1 gram.

On Friday, on the MCX, gold futures for October 5 maturity were higher From the 22nd 49,334, and silver futures settled for December 5 maturity 56,729 climbing 312 or 0.55%. On the global front, spot gold prices rose 0.75% to close at $1,675 per ounce.

Silver had been above $1,700 an ounce for most of September but fell on Thursday after breaking technical support held since 2020, according to a Bloomberg report on Saturday. US data pointed to firm retail sales and a strong labor market, raising expectations higher. Aggressive action by the Fed as it tries to cool inflation.

In its commodity report on September 16, Yes Securities said on gold October futures, “Weakness may extend lower towards a target of 48,600 or below. Even in this bearish sentiment, a recovery is likely above the 49,600 level.”

In silver December futures, a rebound towards the 59,500-60,000 zone is likely, as long as prices remain above the 54,400 area downside hurdle, a brokerage report said.

Catch all business news, market news, breaking news events and latest news updates on LiveMint. Download Mint News app to get daily market updates.

More or less

Subscribe Mint Newsletters

* Enter a valid email

* Thank you for subscribing to our newsletter.

Post your comment

Leave a Reply

Your email address will not be published.

Previous post A round of NFL stadium beer costs about the same as a jersey
Next post How do home prices in San Diego compare to last year?