Gold and silver rates (April 11, 2023): Yellow metal trades in green above 60,000 levels – Check out prices in Mumbai, Delhi and other cities

Gold and silver rates (April 11, 2023): Domestic gold prices on Tuesday (April 11) traded in the green. On MCX, gold futures (June 5) was up by Rs 198 or 0.33 per cent to Rs 60,261 per 10 grams. Meanwhile, Silver futures (May 5) was up by Rs 373 or 0.5 per cent at Rs 74,696.

“The COMEX gold is hovering above $2,000 mark as markets awaited more cues on the US economy from inflation data and the minutes of the Federal Reserve’s March meeting due later this week. According to reports from the People’s Bank of China,  Chinese gold reserve increased by 18 tons in March, reaching 2,068 tons in total,” said NS Ramaswamy, Head of Commodities, Ventura Securities.

He added the COMEX gold is having support near $1,998 and resistance at $2,021.

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In the international market, Comex gold traded in the green, up by 0.43 per cent to $2,0112.50 per ounce. 

Spot gold traded 0.34 per cent higher in the international market and stood at $1,998.20.

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

City-wise gold price (22k) in India (April 11, 2023) 

(Disclaimer: These are indicative prices collected from trusted sources. Investors are recommended to check prices with their jeweller before investing/purchasing.)

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