Gold Price Today: Yellow metal price falls on MCX | Check rates in your city on September 12

Gold Price Today: A decline is being seen in the price of gold on the first day of the week. On the Multi Commodity Exchange (MCX), the Gold October futures were trading 0.19 per cent low at Rs 50,435 per 10 grams. Opposite to this, the Silver December futures were trading in green at Rs 55,217 per kg. The metal was up by 0.30 per cent on September 12 at 10:00 am.

The rupee depreciated by 10 paise to 79.67 against the US dollar in opening trade on Monday, even as the equity market opened on a positive note, as PTI report.

"Markets now await India's August inflation data, which is likely to trend higher to 6.90 per cent from 6.71 per cent in July, as per a poll, adding pressure on RBI to hike interest rates more aggressively in coming months," said Sriram Iyer, Senior Research Analyst at Reliance Securities.

On the domestic equity market front, the 30-share BSE Sensex was trading 243.2 points or 0.41 per cent higher at 60,036.34, while the broader NSE Nifty was up 76.55 points or 0.43 per cent to 17,909.90, as per PTI said.

Here are the indicative price of 22 Carat Gold Today, September 12, 2022, in major Indian cities (except GST, TCS, and other levies):

Chennai : Rs 47,250

Mumbai : Rs 46,750

Delhi : Rs 46,900

Kolkata : Rs 46,750

Bangalore : Rs 46,800

Hyderabad : Rs 46,750

Kerala : Rs 46,750

Ahmedabad : Rs 46,800

Lucknow : Rs 46,900

Patna : Rs 46,780

Chandigarh : Rs 46,900

Bhubaneswar : Rs 46,750

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