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Gold futures witnessed a crisp sell-off connected Monday, with prices tumbling by Rs 8,089 to Rs 1.36 lakh per 10 grams, mirroring a planetary downturn driven by ostentation worries and a stronger US dollar.
On the Multi Commodity Exchange, the April declaration fell 5.6 per cent to Rs 1,36,403 per 10 grams. The latest diminution adds to past week’s losses, erstwhile the yellowish metallic dropped Rs 13,974, oregon 8.82 per cent, to settee astatine astir Rs 1.44 lakh per 10 grams. Analysts said golden started the week connected a anemic enactment with a gap-down opening and whitethorn stay nether unit for a 4th consecutive week. “Gold resumed with a spread down connected Monday and is apt to proceed its downside momentum for the 4th consecutive week amid tensions successful West Asia that person stoked ostentation fears and complaint hike bets successful the adjacent future,” said Aamir Makda.
In planetary markets, golden futures connected Comex extended their losing streak for the 5th consecutive session. The April declaration declined by $202.4, oregon 4.42%, to $4,372.5 per ounce. “Gold fell beneath $4,400 per ounce arsenic the ongoing Middle East struggle intensified ostentation fears, portion large economies look unit to boost liquidity, including done golden sales, to offset the war's impact,” said Jigar Trivedi. Over the past week, overseas golden futures person dropped $486.8, oregon 9.6 per cent, settling astatine $4,574.9 per ounce.
Here's however overmuch golden costs successful your metropolis today:
Gold terms successful Mumbai today
In Mumbai, 24K golden is priced astatine Rs 14,002 per gram, portion 22K stands astatine Rs 12,835 and 18K astatine Rs 10,502 per gram.
Gold terms successful Kolkata today
Kolkata sees golden rates astatine Rs 14,002 per gram for 24K, Rs 12,835 for 22K and Rs 10,502 for 18K.
Gold terms successful Bangalore today
Bangalore records 24K golden astatine Rs 14,002 per gram, with 22K astatine Rs 12,835 and 18K astatine Rs 10,502.
Gold terms successful Hyderabad today
In Hyderabad, 24K golden costs Rs 14,002 per gram, portion 22K is Rs 12,835 and 18K is Rs 10,502.
Gold terms successful Ahmedabad today
Ahmedabad’s golden rates basal astatine Rs 14,007 per gram for 24K, Rs 12,840 for 22K, and Rs 10,507 for 18K.
Gold terms successful Jaipur today
Jaipur reports 24K golden astatine Rs 14,017 per gram, alongside Rs 12,850 for 22K and Rs 10,517 for 18K.
Gold terms successful Bhubaneswar today
Bhubaneswar has 24K golden priced astatine Rs 14,002 per gram, with 22K astatine Rs 12,835 and 18K astatine Rs 10,502.
Gold terms successful Kanpur today
In Kanpur, golden prices are Rs 14,017 per gram for 24K, Rs 12,850 for 22K, and Rs 10,517 for 18K.
Gold terms successful Delhi today
Delhi’s golden prices amusement 24K astatine Rs 14,017 per gram, portion 22K is Rs 12,850 and 18K is Rs 10,517.
Gold terms successful Bangalore today
In Bangalore, 24K golden is priced astatine Rs 14,002 per gram, portion 22K golden stands astatine Rs 12,835 and 18K golden astatine Rs 10,502 per gram.
