Last Update: December 27, 2022, 13:35 IST
Check the gold price in your city today.
Gold remained the costliest in Chennai at Rs 55,480 for 24 carat and Rs 50,860 for 10 grams of 22 carat.
gold prices India A marginal increase was observed on Tuesday, December 26. On the Multi Commodity Exchange (MCX) India, gold rose by 0.06 per cent, or Rs 33, to Rs 54,710 per 10 grams. Meanwhile, silver gained Rs 180 to Rs 69,255 per kg.
Gold remained the costliest in Chennai at Rs 55,480 for 24 carat and Rs 50,860 for 10 grams of 22 carat. In Delhi, the 22-carat variety of the yellow metal is trading at Rs 50,100, while 24-carat gold is selling at Rs 54,630. Like the past trends, gold traded at similar price levels in all the three cities – Mumbai, Kolkata. and Hyderabad. In these metros, the gold price was recorded at Rs 49,950 for 22 carat and Rs 54,480 for 24 carat. In Bangalore, gold is selling at Rs.50,000 and Rs.54,510 for the 22 and 22-karat varieties, respectively.
Due to taxes and other charges imposed by various governments, gold prices in India vary from state to state. When it comes to gold jewellery, the prices are higher as the additional GST on the finished product is also added to the final price.
In the international market, spot gold rose by 0.3 per cent to USD 1,802.63 an ounce. US gold futures rose 0.3 per cent to $1,810, while spot silver rose 0.7 per cent to $23.88. Platinum rose 0.5 percent to $1,027 and, on the other hand, palladium rose 0.6 percent to $1,774.
Meanwhile, the Indian rupee declined on Tuesday after a sharp gain in the previous session. The Indian currency was trading at 82.71 per dollar, while the US dollar remained under pressure. Notably, the dollar index opened at 104.18 on Tuesday, December 26, but later declined to 104.07, down about 0.11 per cent from its previous close. This marked the third straight session of decline for the greenback’s gauge against the six major currencies.
read all latest business news here