Gold rate today

Gold rate today: NEW DELHI: Gold prices held steady on Friday weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes, although broader weakness in the dollar kept bullion on track for its fourth weekly gain.

Data on Thursday showed US producer prices unexpectedly fell in July. It came a day after news that consumer prices (CPI) were unchanged in July due to a drop in gasoline prices.

Gold futures were trading higher by 0.10 percent or Rs 51 at Rs 52,387 per 10 grams. However, silver futures jumped 0.26 percent or Rs 152 at Rs 58,529 per kg.

Gold rates today in Hyderabad, Bangalore, Kerala, Visakhapatnam – 12 August 2022 

Gold prices eased, weighed down by hawkish policy remarks by US Federal Reserve officials even as data pointed to signs of inflation peaking, said ICICIDirect. “Continued decline in the US dollar index restricted further downsides in bullion prices.”

Improved macroeconomic data from the US continued to pressurize precious metal prices, it added. “The number of Americans filing new claims for unemployment benefits increased to 262,000 from 248,000 in the latest update.”

Gold is highly sensitive to rising US interest rates, as these increase the opportunity cost of holding non-yielding bullion. A weaker greenback makes dollar-denominated gold less expensive for other currencies.

Gold Price Today, 11 August 2022: MCX Gold prices may trade in Rs 51800-52250 range, with support at Rs 51800

In the spot market, the highest purity gold was sold at Rs 52,460 per 10 grams while silver was priced at Rs 58,700 per kg on Thursday, according to the Indian Bullion and Jewellers Association.

The spot prices of gold have jumped about Rs 2,500 per 10 grams in the last three weeks, whereas silver gained more than Rs 4,800 per kg in the same period under review.

Ravindra Rao, CMT, EPAT, VP- Head Commodity Research, Kotak Securities said that signs of improvement in the inflation situation globally have also reduced gold’s demand as an inflation hedge.

Gold Price Today, 11 August 2022: MCX Gold prices may trade in Rs 51800-52250 range, with support at Rs 51800

“ETF flows also show a lack of investor participation despite recent price gains,” he added. “Gold may continue to trade in as Fed’s monetary tightening debate may continue however since Fed officials are maintaining support for continuing hikes.”

Trading Strategy

“We expect gold prices to trade sideways to up for the day with COMEX Spot gold support at $1,770 and resistance at $1,805 ounce. MCX Gold October support lies at Rs 52,000 and resistance at Rs 52,700 per 10 grams,” said Tapan Patel, Senior Analyst (Commodities), 

 Securities.

Gold Price Today, 10 Aug 2022: Gold falls ahead of US inflation data, support on MCX at Rs 52100; buy on dips

Global markets

Spot gold held its ground at $1,789.81 per ounce, as of 0319 GMT, and has gained nearly 1 percent so far this week. US gold futures eased 0.2 per cent to $1,804.20.

Spot silver eased 0.2 per cent to $20.34 per ounce, platinum fell 0.1 per cent to $955.16, and palladium slipped 0.6 per cent to $2,262.53.

While investing in gold in Hyderabad, there is a slight hesitation about buying gold, pearls, or precious jewelry. However, the people of Hyderabad can opt for jewelry of various designs in myriad colors, followed by Bars and coins where there could be a good margin. On the other hand, the people who have budget constraints can opt for periodic investments by going on an installment basis for 11 mo

Gold Rate in Delhi: Today 10g of 22 Carat Gold Price

https://www.policybazaar.com › gold-rate-delhi

Gold Rate in Delhi. 11th Aug 2022. 51,870.00. Today MCX gold price in rupees per 10 grams. Today gold price in Delhi is 

Gold Rate in Delhi Today – The Economic Times

https://economictimes.indiatimes.com › markets › gold-

Gold Rate Today Price Trends in Delhi ; 24 Carat Gold, ₹5,472, ₹43,776 ; 22 Carat Gold, ₹5,175, ₹41,400 

Today’s Gold Rate in Delhi Last Updated : 10 Aug 2022

https://www.bankbazaar.com › Gold Rate In India

Today’s Gold rate in Delhi Gold rates in Delhi for ten grams of 22 karat gold is Rs.46,750 with a fall of Rs.900. On the other hand, ten grams of 24 karat 

July 1 Rate: Rs.5,144 per gram

July 31 Rate: Rs.5,081 per gram

Lowest Rate in July: Rs.4,981 per gram on 18th 

Highest Rate in July: Rs.5,175 per gram on 5th 

Gold Price Today Delhi (11 Aug 2022) – CreditMantri

https://www.creditmantri.com › Gold Rate

22 & 24 Carat Gold Rates In Delhi for Last 30 Days ; 2022-08-11, ₹ 4,897, ₹ 39,176, ₹ 5,238, ₹ 41,904.

 Rating: 5 · ‎6 reviews

Today’s Gold Rate In Delhi Market Per Gram – AuGrav

https://www.augrav.com › gold-rate-in-delhi

Today. 24K – ₹ 51,590 per 10 gram. 22K – ₹ 47,600 per 10 gram 

 Rating: 4.7 · ‎234 reviews

Gold Rate Today in Delhi | 22K & 24K Gold Price in Delhi

https://www.melorra.com › jewellery › gold-rate-delhi

What is the price of 1 gram of 22 karat gold in Delhi today? The price of 1 gram of 22 karat gold in Delhi is ₹4,755 ; What is the price of 10 grams of 22 karat 

Gold in Delhi Today (12th August 2022) – Gadgets 360

https://gadgets360.com › Gold 

Investors here are inclined more towards investing in gold as a commodity, followed by trading exchanges. Several factors influence the prices and gold trade 

Today Gold in Delhi: Aug 2022 – MyLoanCare

https://www.myloancare.in › Gold 

The price of 1 gm gold in Delhi today is ₹ 5,045 for 24 carats of gold and ₹ 46,250 for 22 carats gold. ✓What is the rate of 23-carat gold in Delhi? The rate 

Gold rates today in Delhi, Chennai, Kolkata, Mumbai

https://www.thehansindia.com › Business

1 day ago — Gold rates today, 11 August 2022: Gold rates in Delhi per 10 grams of 22 carats is at Rs. 47550 and the rate of 10 grams of 24 carats is at

Gold rates today in Hyderabad, Bangalore, Kerala 

https://www.thehansindia.com › Business

4 hours ago — Gold rates today, 12 August 2022: Gold today in Hyderabad is at Rs. 47350 per 10 grams of 22-carat and Rs. 51650 for ten gram of 24 

Gold Rates in Delhi – 11th August 2022 – ClearTax

https://cleartax.in › gold TODAY

Gold Rate in Delhi Today (Aug. 11, 2022): Get 22 Carat & 24 Carat Gold Rate in Delhi & last 10 days Gold price based on rupees per gram from ClearTax.

Price/Rate Live – Moneycontrol

https://www.moneycontrol.com › commodity › gold-pr

Get current gold price/rate in Mumbai, Delhi, Chennai, Jaipur and Ahmadabad, Latest gold rate/price in India. Indian Gold trading market, Bullion stock 

Check Today’s Gold Rate at Malabar Gold & Diamonds Stores

https://www.malabargoldanddiamonds.com › goldprice

Check Today’s Gold Rate at Malabar Gold & Diamonds Stores · (22 Carat Gold) 4,785.00 INR 09/08/2022 10:09 AM · 09/08/2022 10:09 AM; (24 Carat Gold).

gold/silver rates in Chennai (12/Aug/2022) – LiveChennai

https://www.livechennai.com › gold_silverrate

Here, we provide you Gold Rate in Chennai today (12/Aug/2022) the exact today prices of 916 kdm hallmark gold in 22 Carat as well as 24 carat gold rate Chennai.

Gold today: Yellow metal holds steady; silver tops Rs 

https://m.economictimes.com Commodities › News

3 hours ago — NEW DELHI: Gold prices held steady on Friday weighed down by an uptick in the Treasury yields and prospects of US interest rate hikes, 

Gold Price Today, 11 August 2022 – The Financial Express

https://www.financialexpress.com commodities

1 day ago — Gold Rate Today, Gold Price in India on 11 August 2022: Gold prices were trading weak in India on Thursday, mirroring the global trends.

 

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