Gold Price Today, March 1: Yellow metal flat on MCX — Check rates in Delhi, Mumbai, Kolkata, Chennai and other cities

Gold price today: Gold prices edged up by Rs 100 in Wednesday's trade on Multi Commodity Exchange (MCX) with Futures contract for April quoting at Rs 55,841 per 10 grams. Likewise, Silver Futures contract for May traded in green at Rs 64,809 per kg.

Rahul Kalantri, VP Commodities, Mehta Equities, said that Gold has support at Rs 55,580-55,410, while resistance is at Rs 55,980-56,150. Silver has support at Rs 63,450-62,920, while resistance is at Rs 64,490–64,880.

Also Read: Income Tax: What are the 3 deductions under the new tax regime? 

In the international market, Gold quoted at $1,834.60 per ounce while Silver at $21.227 per ounce.

Trade call by Kedia Commodities

Gold April Contract

But- Rs 55,500 

Stop Loss- Rs 55,300 

Target- Rs 55,800

Silver May contract

Buy- Rs 64,300 

Stop Loss- Rs 63,700 

Target- Rs 65200

Meanwhile, the rupee was trading at 82.565 against the US dollar. The international oil benchmark Brent crude futures was up by 0.71 per cent to $84.04 per barrel.

Gold Price City-wise In India as of March 1, 2023, for 22k

Chennai - Rs 52,350 

Mumbai - Rs 51,600 

Delhi - Rs 51,750

Kolkata - Rs 51,600 

Bangalore - Rs 51,650 

Hyderabad - Rs 51,600 

Kerala - Rs 51,600 

Pune - Rs 51,600 

Vadodara - Rs 51,650 

Ahmedabad - Rs 51,650 

Jaipur - Rs 51,750 

Lucknow - Rs 51,750 

Coimbatore - Rs 52,350 

Madurai - Rs 52,350

Vijayawada - Rs 51,600 

Patna - Rs 51,650 

Nagpur - Rs 51,600

(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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