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.)
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