Driving Naari Programme launched in Chandigarh
GOLD PRICES in India fell sharply on Wednesday (May 17), as the gold rate for 10 grams of 24-carat gold in the country costs Rs.61,420 at the time of writing this story, while, the gold rate for 22-carat (10 grams) is Rs.56,300.
Gold futures on MCX traded lower today as the Gold futures, maturing on June 5, 2023, were down 0.01% at Rs.60240.00 on the Multi Commodity Exchange (MCX) at 3:09 pm IST. Meanwhile, MCX silver futures (July 5) were down 0.25% at Rs.72406.00 per kilogram at 3:11 pm IST today.
Globally, gold prices remained steady in early Asian trade on Wednesday after retreating from the crucial $2,000 per ounce level in the previous session, while investors keenly awaited the outcome of the US debt-limit negotiations.
Spot gold held ground at $1,991.35 an ounce, while US gold futures were little changed at $1,995.20.
Data on Friday showed US consumer sentiment fell to a six-month low in May on concerns that political haggling over raising the federal government’s borrowing limit could trigger a recession.
The gold rate in the national capital for 24-carat (10 grams) is Rs. 61,570, while 22-carat (10 grams) is Rs 56,450. The gold price today in Chennai for 24-carat (10 grams) is Rs 61,850, while the 22-carat (10 grams) is Rs 56,700.
Gold Prices in Major Indian Cities on May 17, Wednesday:
The rate of Gold for 24-carat (10 grams) in Kolkata is Rs. 61,420, while 22-carat (10 grams) is Rs 56,300.
The price of 10 grams of 22-carat gold in Mumbai at 56,300, and 24-carat gold at Rs.61,420 is at par with the price of gold in Hyderabad, Kerala, Pune, and Bhubaneswar.
The Gold price for 24-carat (10 grams) in Vadodara is Rs 61,470, while 22-carat (10 grams) is Rs 56,350. It must be noted that the price of 10 grams of 22-carat gold and 24-carat gold in Vadodara is at par with the price of gold in Ahmedabad, Bangalore, Surat and Mysore.
Gold price of 24-carat gold (10 grams) in Chandigarh is Rs 61,570 while 22-carat gold (10 grams) is Rs 56,450. The price of 10 grams of 22-carat gold and 24-carat gold in Chandigarh is at par with the price of gold in Lucknow, Jaipur, and Noida
