Gold prices in India have lastly reached past the Rs 47,000 mark after seeing a dip initially of this week. Today, the gold price is up by Rs 450 per 10 gram. The 22-carat gold is bought for Rs 46,190 per 10 gram and 24-carat gold is priced at Rs 47,190, in line with Goodreturns web site.
On the Multi Commodity Exchange, gold contracts for the August supply traded increased by Rs 137, or 0.29 per cent, to Rs 46,976 per 10 grams in a enterprise turnover of 10,934 heaps. Fresh positions constructed up by contributors led to the rise in gold prices, as per the PTI report.
When it involves metro cities, the 22-carat gold value in Mumbai stands at Rs 46,190 and 24-carat of gold is bought at Rs 47,190. In Chennai, 22-carat gold is priced at Rs 44,430 and 24-carat gold is bought at Rs 48,470.
In the nationwide capital, 22-carat gold is priced at Rs 46,150 and 24-carat gold is Rs 50,150. Gold value in Bengaluru is Rs 44,000 per 10 gram of 22-carat and 24-carat is bought at Rs 48,000 per 10 gram.
Meanwhile, in Kolkata, gold value stands at Rs 46,340 per 10 gram of 22-carat and Rs 49,050 per 10 gram of 24-carat. Gold value in Hyderabad is Rs 44,000 per 10 gram of 22-carat and Rs 48,000 per 10 gram of 24-carat.
Globally, gold prices traded 0.15 % increased at $1,774.30 per ounce in New York, the PTI report mentioned.
Last 12 months, gold prices noticed their peak which could be attributed to the autumn in the inventory market and that led to traders flocking to take a position in safer devices akin to treasured metals. In August 2020, the per 10-gram value of gold touched its highest stage at Rs 56191.
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