Gold MCX:- Gold and silver prices fluctuate daily. Gold prices have started rising again. Commodity experts say investors should look for opportunities to buy gold at ₹71,500-₹71,600. Both gold and silver are trading weak on MCX today. Gold and silver futures prices declined slightly on Tuesday. At 10:36 am on MCX, the price of gold per 10 grams for the December delivery contract fell by 0.72 per cent from the previous session to ₹1,20,540. According to MCX’s official website, the price of silver for December delivery fell by 0.72 per cent from the last session to ₹1,46,700 per kg. Gold prices fell by ₹600 per 10 grams, while silver slipped by ₹1,200 per kilogram.
In morning trade, December futures on MCX were trading around ₹71,800 per 10 grams, while silver December futures were trading at ₹91,200 per kilogram.
Commodity experts say investors should look for buying opportunities in gold at ₹71,500-₹71,600 levels. Profit booking is possible at ₹72,500-₹72,700 levels.
According to GoodReturns, the price of 24-carat gold in Delhi today is ₹12,251 per gram, 22-carat gold is ₹11,240 per gram, and 18-carat gold is ₹9,199 per gram.
In Mumbai, the price of 24 carat gold is ₹12,246 per gram, 22 carat gold is ₹11,225 per gram, and 18 carat gold is ₹9,184 per gram.
In Kolkata, the price of 24 carat gold is ₹12,246 per gram, 22 carat gold is ₹11,225 per gram, and 18 carat gold is ₹9,184 per gram.
In Chennai, the price of 24-carat gold is ₹12,273 per gram, 22-carat gold is ₹11,250 per gram, and 18-carat gold is ₹9,390 per gram.
Gold Rates in the Global Market
According to TradingEconomics, gold prices fell below $4,000 per ounce on Tuesday after US Federal Reserve officials indicated on Monday that they would restrain further monetary easing. Following last week’s rate cut, Fed Chairman Jerome Powell suggested it could be the last rate cut of the year.