On the Multi Commodity Exchange, gold contracts for April were trading lower by Rs 116, or 0.23 per cent, at Rs 51,228 per 10 grams, with a business turnover of 62 lots. Analysts attributed the fall in gold prices to reduction in positions by traders.
gold price today
Amidst the strength of the rupee, the national capital Delhi (gold price today delhi) in gold on Monday (Gold Rate today) closed down by Rs 50 at Rs 51,483 per 10 grams. HDFC Securities gave this information. in the last trading session Sleep 51,533 per 10 grams. But on Monday there was a slight drop in its price. Rupee also strengthened on Monday (Rupee Appreciation) was observed. Rupee closed higher against the US dollar. Its effect was also seen on the price of gold and silver.
On Monday, the rupee had closed 19 paise higher at 75.55 against the US dollar. In contrast, silver rose by Rs 187 to Rs 66,827 per kg, as against Rs 66,640 in the previous trade. The fall in the price of gold in the recent past is an important thing. In view of the war between Russia and Ukraine, the price of oil and gas is increasing. Along with this, the prices of gold and silver are also increasing. The prices of both the metals were stable for the last one or two days, but on Monday it registered a slight decline.
HDFC Securities Senior Analyst (Commodities) Tapan Patel told PTI, “Spot gold of 24 carat in Delhi has declined by Rs 50, which is under pressure from strengthening rupee despite strong global gold prices. ‘ He said that the price of gold on COMEX was trading at US $ 1,930 an ounce.
gold futures trading
Gold prices on Monday fell by Rs 116 to Rs 51,228 per 10 grams in futures trade as speculators reduced their positions amid low demand. On the Multi Commodity Exchange, gold contracts for April were trading lower by Rs 116, or 0.23 per cent, at Rs 51,228 per 10 grams, with a business turnover of 62 lots. Analysts attributed the fall in gold prices to reduction in positions by traders. Globally, gold rose 0.45 per cent to $1,932.40 an ounce in New York.
Prices of major cities
In Bangalore, 10 grams of gold of 99.5 purity was priced at Rs 53,260 and Ornamental gold at Rs 4,966 per gram. silver spot [.999 फाइननेस] The price was recorded at Rs 68,700 per kg. The closing rate of Standard Gold (99.5) in Mumbai was recorded at Rs 66628.00 while that of Pure Gold (99.9) was Rs 51279.00. The closing rate of silver was 51485.00 per kg. The price of 22 carat gold was Rs 48,629 in Chennai, Rs 47,800 in Hyderabad and Rs 47,800 in Mumbai. The price of 24 carat gold was Rs 52,140 in Bangalore, 53,050 in Chennai, 52,140 in Hyderabad and Rs 52,140 in Mumbai.