Gold Price Today: Gold trades near 7-month high on MCX — Check rates in Delhi, Mumbai, and other cities
Gold price today: Private businesses in the US created 235,000 jobs in December 2022, higher than an upwardly revised 182,000 in November, well above market forecasts of 150,000.
Gold price today: Gold price on Friday, January 6, traded near seven-month highs amid stronger-than-expected jobs data from the US. Private businesses in the US created 235,000 jobs in December 2022, higher than an upwardly revised 182,000 in November, well above market forecasts of 150,000.
On MCX, Gold February futures at 10:55 AM quoted Rs 55,345 per 10 grams, up marginally by Rs 55 or 0.1 per cent.
Meanwhile, Silver traded Rs 68,330, down by Rs 252 or 0.37 per cent on the multi-commodity exchange.
In the international market, Gold quoted $1,836.70 per ounce while Silver was up by 0.56 per cent at $23.37 per ounce.
The softer Dollar and sharply lower yields are fueling the rally in gold, which has acquired a positive undertone after taking out $1823-$1825 resistance level decisively earlier this week.
Trade call by Kedia Commodity
Gold
Buy- Rs 55,150
Stop loss- Rs 54,900
Target- Rs 55,500
Silver
Buy- Rs 68,000
Stop Loss- Rs 67,500
Target- Rs 69,000
Rupee, on the other hand, was trading at 82.55 against the US dollar. The international oil benchmark Brent crude futures was up by 0.75 per cent to USD 79.28 per barrel.
Also Read: Budget 2023: Why investors should keep an eye on railway stocks ahead of Union Budget
Gold Price City-wise In India as of January 6, 2022, for 22k
Chennai- Rs 51,900
Mumbai- Rs 50,900
Delhi- Rs 51,050
Kolkata- Rs 50,900
Bangalore- Rs 50,950
Hyderabad- Rs 50,900
Kerala- Rs 50,900
Pune- Rs 50,900
Vadodara- Rs50,950
Ahmedabad- Rs50,950
Jaipur- Rs 51,050
Lucknow- Rs 51,050
Coimbatore- Rs 51,900
Madurai- Rs 51,900
Vijayawada- Rs 50,900
Patna- Rs 50,950
Nagpur- Rs 50,900
Chandigarh- Rs 51,050
Surat- Rs 50,950
Bhubaneswar- Rs 50,900
Mangalore- Rs 50,950
Visakhapatnam- Rs 50,900
Nashik- Rs 50,930
(Disclaimer: These are indicative prices collected from trusted sources. Investors are recommended to check prices with their jeweller before investing/purchasing.)
Click here to get more updates on Stock Market I Zee Business Live
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
12:10 PM IST