Gold Price Today: Yellow metal set for worst quarter in five years as dollar gains strength – check gold price in your city

Gold Price Today: The yellow metal was mostly quiet on Thursday, but faced its worst quarter since early 2021. For the third consecutive month, gold prices have fallen by about 6.2 percent in this quarter.

The yellow metal is facing such a situation as a remarkable showing from the dollar kept investors away, with bullion`s outlook clouded by top central banks adopting aggressive tactics against stubborn inflation, PTI report.

Spot gold was flat at USD 1,817.07 per ounce by 0339 GMT, whereas spot silver was up 0.1% at USD 20.72 per ounce. The U.S. gold futures edged up 0.1% to $1,819.70.

According to Matt Simpson, senior market analyst at City Index, the U.S. dollar and rising yields have contributed to the underperformance of gold, although gold traded in other currencies hasn't performed too badly, said PTI.

In comparison to its previous close of Rs. 47,650, the 22-carat gold price today was Rs. 46,750 per 10 grams in India. Additionally, the price of 24 carat was trading lower by Rs 980. Compared to its previous close of Rs. 51,980, the price of 24 carat was Rs. 51,000 today.

Here are the indicative price of 22 Carat Gold Today, 30 June 2022 (except GST, TCS, and other levies)

Chennai : Rs 47,330

Mumbai : Rs 46,750

Delhi : Rs 46,750

Kolkata : Rs 46,750

Bangalore : Rs 46,770

Hyderabad : Rs 46,750

Kerala : Rs 46,750

Ahmedabad : Rs 46,780

Jaipur : Rs 46,900

Lucknow : Rs 46,900

Patna : Rs 47,680

Chandigarh : Rs 46,780

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.)