Gold Price Today: Yellow metal price declines on MCX | Check rates on September 1 in your city
Gold Price Today: On MCX, the Gold October futures were trading 0.63 per cent lower at Rs 50,095 per 10 grams. Silver December futures were trading at Rs 52,310 per kg. The rupee depreciated by 14 paise to 79.66 against the US dollar in opening trade on Thursday.
Gold Price Today: On the first day of the month, the gold and silver metals showed a major decline on the Multi Commodity Exchange. The Gold October futures were trading 0.63 per cent lower at Rs 50,095 per 10 grams. Silver December futures were trading at Rs 52,310 per kg. The metal was down by 1.58 per cent on September 1 at 10:30 am on MCX.
Tracking the strength of the American currency overseas, the rupee depreciated by 14 paise to 79.66 against the US dollar in opening trade on Thursday.
The rupee opened weaker against the dollar as prospects of further aggressive policy tightening by the US Federal Reserve and the European Central Bank (ECB) weighed on Asian currencies and equities, said Sriram Iyer, Senior Research Analyst at Reliance Securities.
On the domestic equity market front, the 30-share BSE Sensex was trading 683.03 points or 1.15 per cent lower at 58,854.04, while the broader NSE Nifty was down 189.55 points or 1.07 per cent to 17,569.75.
Here are the indicative price of 22 Carat Gold Today, 1st September 2022, in major Indian cities (except GST, TCS, and other levies):
Chennai : Rs 47,540
Mumbai : Rs 47,000
Delhi : Rs 47,150
Kolkata : Rs 47,000
Bangalore : Rs 47,050
Hyderabad : Rs 47,000
Kerala : Rs 47,000
Ahmedabad : Rs 47,050
Lucknow : Rs 47,150
Patna : Rs 47,030
Chandigarh : Rs 47,150
Bhubaneswar : Rs 47,000
(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)
(With the inputs of PTI)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Senior Citizen Latest FD Rates: Know what major banks like SBI, PNB, Canara Bank, HDFC Bank, ICICI Bank are providing on fixed deposits
Gratuity Calculator: Rs 38,000 as last-drawn basic salary, 5 years and 5 months of service; what will be gratuity amount?
Retirement Planning: In how many years your Rs 25K monthly SIP investment will grow to Rs 8.8 cr | See calculations
Top 5 Small Cap Mutual Funds with best SIP returns in 1 year: See how Rs 25,000 monthly investment has grown in each scheme
Top 7 SBI Mutual Funds With Best SIP Returns in 1 Year: Rs 25,000 monthly SIP investment in No.1 fund has jumped to Rs 3,58,404
SBI 5-Year FD vs MIS: Which can offer higher returns on a Rs 2,00,000 investment over 5 years? See calculations
12:16 PM IST