Partly Cloudy
21°CWed :Partly Cloudy. High: 23 Low: 13

Gold price today

Gold price today

Gold prices moved higher by Rs 58 to Rs 30,204 per ten grams in futures trade Wednesday as some of the market participants enlarged their positions, in tandem with a firming trend overseas.

At the Multi Commodity Exchange (MCX), gold for delivery in December gained by Rs 58 to Rs 30,204 per ten grams.

Similarly, silver for delivery in December increased by Rs 343 to Rs 49,788 per Kg.

Gold price in overseas markets, which normally set price trend on the domestic front, edged higher today as investors bet the Federal Reserve would stick to its bullion-friendly stimulus measures but the metal was still trading below five-week highs as a stronger dollar kept gains in
check.

The Fed will make a statement later today at the end of its two-day meeting.

Spot gold last traded up USD 1.70 or 0.13 percent at USD 1,347.320 an ounce, after hitting a session low of USD 1,339.14 earlier.

Meanwhile, gold prices dropped by Rs 420 to Rs 31,930 per ten gram in Delhi bullion market, owing to slackened demand driven by weak global trend and investors shifting their funds to surging equities.

Silver also declined by Rs 210 to Rs 49,590 per kg on reduced off take by industrial units.

Mumbai

Standard gold of 99.5 percent purity fell by Rs 650 to close at Rs 31,295 per 10 grams from Monday’s closing level of Rs 31,945.

Pure gold of 99.9 percent purity also dipped by Rs 655 to finish at Rs 31,440 per 10 grams as against Rs 32,095.

Silver ready (.999 fineness) slid by Rs 610 to end at Rs 50,020 per kilo from Rs 50,630 previously.

Delhi

Gold of 99.9 and 99.5 percent purity plunged further by Rs 420 each to Rs 31,930 and Rs 31,730 per ten gram, respectively. It had lost Rs 220 yesterday. Sovereign, however, found retailers buying and rose by Rs 300 to Rs 25,300 per piece of eight gram.

Silver ready fell further by Rs 210 to Rs 49,590 per kg and weekly-based delivery lost Rs 1,060 to Rs 48,890 per kg. The white metal had shed Rs 100 in last trade.

On the other hand, silver coins spurted by Rs 2,000 to Rs 87,000 for buying and Rs 88,000 for selling of 100 pieces on upsurge in festive demand.

Futures Trade (MCX)

At the Multi Commodity Exchange (MCX), gold for delivery in December gained by Rs 58 to Rs 30,204 per ten grams.

Similarly, silver for delivery in December increased by Rs 343 to Rs 49,788 per Kg.

International markets

Spot gold last traded up USD 1.70 or 0.13 percent at USD 1,347.320 an ounce, after hitting a session low of USD 1,339.14 earlier.

Here are the city wise gold and silver rates:

(Gold rates per 10 gm/Silver rates per Kg)

Mumbai

GOLD: 31,440 (-655) / SILVER: Rs 50,020 (-610)

Delhi

GOLD: Rs 31,930 (-420) / SILVER: Rs 49,590 (-210)

Chennai

GOLD: Rs 30,790/ SILVER: Rs 49,415

Kolkata

GOLD: Rs 32,025 / SILVER: Rs 49,500

Bangalore

GOLD: Rs 31,592/ SILVER: Rs 49,800

Hyderabad

GOLD: Rs 31,600/ SILVER: Rs 50,600

 

Top Stories

274043-bp-700

Main five tasty nourishments for bringing down blood pressure!

September-17-2014
Hypertension or hypertension is an unending medicinal condition in which the blood stream in the supply routes is regularly high. In the
Dhoni Gambhir_DC

Kolkata Knight Riders face previous Clt20 champions CSK in Hyderabad

September-17-2014
Hyderabad: Champions League T20 is to have a blockbuster opening as 2-time IPL champions, Kolkata Knight Riders (KKR) and mutiple time IPL
camtest1

BSNL publishes cost free data offers on Micromax cell phones

September-17-2014
Micromax and BSNL published a vital association to drive information development in the nation. Under this organization, Micromax and BSNL will amplify
53527

India’s entertainment and media industry to clock over Rs 227000 crore by 2018: CII-Pwc study

September-17-2014
Estimates CAGR of 15% somewhere around 2013 and 2018 India’s stimulation and media part is relied upon to develop consistently throughout the
IndiaTv6ecccf_Vrindavan-widow20159

Vrindavan widows ought to stay in individual states: Hema Malini

September-17-2014
Mathura: Bharatiya Janata Party’s Lok Sabha part from Mathura-Vrindavan, cine star Hema Malini has addressed the vicinity of widows from Bihar and
bjp-supporters-arrive-to-attend-bjp-prime-ministerial-candidate-and-gujarat-chief-minister-narendra-modi23

Amit Shah says “with Narendra Modi as PM, India’s believability crisis has finished”

September-17-2014
AHMEDABAD: BJP president Amit Shah today said that India’s “believability emergency” has finished under the authority of Prime Minister Narendra Modi and