Gold Price Today, December 13: Yellow metal shows strength, holds Rs 54,000 on MCX — Check rates in Delhi, Mumbai and other cities

Gold Price Today, December 13: Gold on Tuesday, December 13, showed strength as it advanced over 0.22 per cent on the Multi Commodity Exchange (MCX). The precious metal was seen comfortably holding the five-month high level of Rs 54,000 on the second day of the week. It approximately increased by Rs 119 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand.

Silver too maintained gains as it advanced over 0.53 per cent in today's afternoon session and breached the level of Rs 68,000. As participants widened their bets amid a firm spot demand, the metal increased by approximately Rs 350 in futures trade.

At 2:30 PM today, Gold February's future quoted Rs 54,251 per 10 grams, up by 0.22 per cent. Whereas Silver metal was trading at Rs 68,146 per kg, up by 0.53 per cent.

Fresh positions built up by participants led to the rise in gold prices, analysts said. Globally, gold was trading 0.31 per cent higher at USD 1,797.90 per ounce in New York, as per PTI report.

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It should be noted that on Monday, December 5, the price of Gold on MCX topped Rs 54,000 which was the five-month high level.

Gold Price City-wise In India as of December 13, 2022 for 24k:

Chennai- Rs 54,980

Mumbai- Rs 54,330

Delhi- Rs 54,490

Kolkata- Rs 54,330

Bangalore- Rs 54,390

Hyderabad- Rs 54,330

Kerala- Rs 54,330

Pune- Rs 54,330

Vadodara- Rs 54,390

Ahmedabad- Rs 54,390

Lucknow- Rs 54,490

Vijayawada- Rs 54,330

Patna- Rs 54,390

Nagpur- Rs 54,330

Chandigarh- Rs 54,490

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Surat- Rs 54,390

Bhubaneswar- Rs 54,330

Visakhapatnam- Rs 54,330

Nashik- Rs 54,360

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

Due to unabated foreign fund outflows from domestic capital markets, the rupee depreciated 20 paise to 82.71 against the US dollar in early trade on Tuesday.

(With the inputs of PTI)