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