Image Source : ANI Gold Rate Today: Gold costs fall to ₹49,122/10 gram; silver slips to ₹66,000/kg
Gold Rate Today: Gold and silver costs slide once more for the second day on Friday amid the COVID vaccination drive throughout the nation. Gold futures on the Multi-Commodity Exchange (MCX) contracts had been buying and selling decrease by 0.24 % at Rs 49,104 for 10 grams at 09:20 hours. Silver futures fell by 0.75 per cent decrease or Rs 503 at Rs 66,145 per kg.
Meanwhile, consultants recommend that buyers can buy gold on dips in direction of Rs 49,000 for an preliminary upside goal of Rs 49,500.
“COMEX gold trades little modified close to $1,851/oz after a 0.2 per cent decline yesterday. Gold is uneven as assist from rising virus circumstances, disappointing US financial information and hopes of upper US stimulus is countered by greater US bond yields, vaccine progress and persevering with ETF outflows,” stated Ravindra Rao, VP- Head Commodity Research at Kotak Securities informed ET.
Gold value varies throughout India as a result of excise responsibility, state taxes, and making adjustments. In New Delhi, the gold value of 22-carat gold is at Rs 48,350 per 10 gm, whereas in Chennai it fell to Rs 46,600. In Mumbai, the speed was Rs 48,430 in accordance with the Good Returns web site. The value of 24-carat gold in Chennai was Rs 50,880 per 10 gm.
Today 22 Carat Gold Price Per Gram in India (INR) (Source: Good Returns )
Gram
22 Carat Gold
Today
22 Carat Gold
Yesterday
1 gram
₹ 4,842
₹ 4,843
8 gram
₹ 38,736
₹ 38,744
10 gram
₹ 48,420
₹ 48,430
100 gram
₹ 4,84,200
₹ 4,84,300
Today 24 Carat Gold Rate Per Gram in India (INR) (Source: Good Returns )
Gram
24 Carat Gold
Today
24 Carat Gold
Yesterday
1 gram
₹ 4,942
₹ 4,943
8 gram
₹ 39,536
₹ 39,544
10 gram
₹ 49,420
₹ 49,430
100 gram
₹ 4,94,200
₹ 4,94,300
On Thursday, Gold futures fell 0.9 per cent to Rs 48,860 per 10 gram as members offloaded their holdings on low spot demand.
On the Multi Commodity Exchange, gold costs for February supply declined Rs 445, or 0.9 per cent, to Rs 48,860 per 10 gram in a enterprise turnover of 8,021 heaps. In the worldwide market, gold was buying and selling 0.69 per cent decrease at USD 1,842.10 per ounce in New York.
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