Gold prices are on the move again, with MCX Gold futures for June expiry inching 0.15 per cent higher to reach 71,261.00 for 10 grams. Meanwhile, MCX Silver futures for July expiry also saw a slight increase, inching up by 0.39 per cent to 82,632.00.
According to GoodReturns, the price of gold saw a modest rise of Rs 30, standing at Rs 6,635 per gram for 22 karat gold and Rs 7,238 per gram for 24 karat gold (also known as 999 gold).
Here’s a look at the gold prices in key cities:
New Delhi: Gold price in Delhi today is Rs 6,650 per gram for 22 karat gold and Rs 7,253 per gram for 24 karat gold (also known as 999 gold).
Mumbai: Gold price in Mumbai today is Rs 6,635 per gram for 22 karat gold and Rs 7,238 per gram for 24 karat gold (also known as 999 gold).
Chennai: Gold price in Chennai today is Rs 6,640 per gram for 22 karat gold and Rs 7,243 per gram for 24 karat gold (also known as 999 gold).
Ahmedabad: Gold price in Ahmedabad today is Rs 6,640 per gram for 22 karat gold and Rs 7,243 per gram for 24 karat gold (also known as 999 gold).
Spot Gold
Gold prices are holding steady, supported by safe-haven demand for bullion amidst uncertainty surrounding the Gaza ceasefire.
Spot gold remained steady at $2,320.69 per ounce after a more than 1 per cent increase in the previous session. US gold futures were flat at $2,328.40.
“Gold has been slowly building a base for the past week, showing demand around $2,280. The Fed continues to make noise about the next move likely to be lower, and that’s certainly helped shake a few bears out at these lows,” said City Index senior analyst Matt Simpson, as reported by Reuters.
Stay tuned for further updates on gold prices and market trends.
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