Gold, Silver prices trade flat on MCX as traders await US inflation data; BUY Gold – check price target | City-wise gold rates

Gold, Silver Prices Today: Gold and Silver prices traded lower on Thursday, October 13, amid stronger than expected macroeconomic data from the US. Traders remained cautious as the September inflation data in the US is slated to be released today. The also rupee traded in a narrow range against the American dollar in early trade.

On the MCX, Gold futures edged lower to Rs 50,891 per 10 gram while Silver futures were flat at Rs 57,335 per kg.

Kedia Commodity Call Zee Business call
Gold BUY

Buy: Rs 50,800

Stop Loss: Rs 50,600

Price Target: Rs 51, 100

Silver BUY

Buy: Rs 57,000

Stop Loss: Rs 56,500

Price Target: Rs 57,800

Meanwhile, the rupee surged 2 paise to 82.30 against the US dollar in the morning trade amid global inflation and recession concerns. The international oil benchmark Brent crude futures surged 0.01 per cent to USD 92.46 per barrel.

Gold Price City-wise In India as of Oct 13, 2022 for 22k

Chennai- Rs 47,300

Mumbai- Rs 46,650

Delhi- Rs 46,800

Kolkata- Rs 46,650

Bangalore- Rs 46,700

Hyderabad- Rs 46,650

Kerala- Rs 46,650

Pune- Rs 46,680

Vadodara- Rs 46,680

Ahmedabad- Rs 46,700

Patna- Rs 46,680

Nagpur- Rs 46,680

Chandigarh- Rs 46,800

Surat- Rs 46,700

Bhubaneswar- Rs 46,650

Nashik- Rs 46,680

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