Gold and Silver rate today (January 15, 2024): Domestic precious metal futures traded in the positive territory on Monday amid an escalation of geopolitical tensions emanating from the Middle East along with tepid US PPI inflation data (December).

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Last seen, MCX gold futures (Feb 5) rose 0.32 per cent or Rs 200 at Rs 62,562 per 10 grams at the last count, having traded between Rs 62,502 and Rs 62,625 earlier in the day. MCX Silver futures (Mar 5) were up Rs 200 or 0.28 per cent at Rs 72,680 per kg.

Meanwhile, COMEX gold in the international market was up over 0.32 per cent at $2058.1.

"Gold dips are likely to find good support on geopolitical concerns; however, the metal will be at a risk of sliding lower in case the tensions remain contained, more so as key macroeconomic data of the US economy remain mostly encouraging. Support is at $2040/$2015/$2000. Resistance is at $2075/$2100," said Praveen Singh – Associate VP, Fundamental Currencies and Commodities, Sharekhan by BNP Paribas.

Here's an indicative list of spot gold prices in some of the major Indian cities:   

City-wise gold rate (24k) in India (January 15, 2024)

Cities Gold prices for 24k (10 grams)
Mumbai Rs 64,370
Delhi Rs 64,530
Chennai Rs 64,450
Kolkata Rs 64,575
Bengaluru Rs 64,615
Hyderabad Rs 64,610
Ahmedabad Rs 64,540
Bhopal Rs 64,370
Visakhapatnam Rs 64,610
Jaipur Rs 64,335
Lucknow Rs 64,340
Coimbatore Rs 64,540
Madurai Rs 64,610

(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before acting on the information.)

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