Gold Price Today: Yellow metal price rises on MCX | Check rates in your city
Gold Price Today: On MCX, the gold October futures were trading 0.47 percent higher at Rs 51,680 per 10 grams. Tracking its Asian peers and a positive trend in domestic equities, the rupee appreciated 6 paise to 79.80 against the US dollar in opening trade on August 25.
Gold Price Today: The yellow metal price on Thursday jumped on the Multi Commodity Exchange with the October futures trading 0.47 per cent higher at Rs 51,680 per 10 grams. Silver September futures were also trading higher at Rs 55,556 per kg. The metal was up by 1.13 percent on MCX at 12:00 pm.
Tracking its Asian peers and a positive trend in domestic equities, the rupee appreciated 6 paise to 79.80 against the US dollar in opening trade on August 25.
The Rupee could remain range bound amid caution ahead of the US Federal Reserve's Jackson Hole conference this week, said Sriram Iyer, Senior Research Analyst at Reliance Securities.
"Higher oil prices could keep appreciating bias capped, but most Asian and EM peers have started the day with gains and could lend support," Iyer added.
On Wednesday, Gold price in Delhi jumped Rs 274 to Rs 51,909 per 10 grams amid firm global trends, according to HDFC Securities.
In the equity market, the 30-share BSE Sensex was trading 307.95 points or 0.52 percent up at 59,393.38. Similarly, the broader NSE Nifty rose 93.10 points or 0.53 percent to 17,698.05.
Here are the indicative price of 22 Carat Gold Today, 25 August 2022, in major Indian cities (except GST, TCS, and other levies):
Chennai : Rs 48,300
Mumbai : Rs 47,500
Delhi : Rs 47,650
Kolkata : Rs 47,500
Bangalore : Rs 47,550
Hyderabad : Rs 47,500
Kerala : Rs 47,500
Ahmedabad : Rs 47,550
Lucknow : Rs 47,650
Patna : Rs 47,530
Chandigarh : Rs 47,650
Bhubaneswar : Rs 47,500
(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)
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