Check Latest Gold Rates In Your City On May 23 Here | Gold Rate Today

Gold Rate Today: For 10 grams of 22-carat of metal, the Gold price in Mumbai is Rs 47,050 and Gold Price in Chennai is Rs 48,170. In Kerala, the Gold rate today is Rs 47,050

Gold Rate Today | New Delhi: The gold prices on Monday, remained constant at Rs 47,050 per kg for 22-carat gold. For 24-carat gold, the gold rate today is Rs 51,330 per 10 grams. According to goodreturns.in, the gold rate for 10 grams of 22-carat gold and 24-carat gold was the same yesterday, May 22.

In Delhi, the gold rate for 10 grams of 22-carat gold is Rs 47,050. For 24-carat, the gold rate was Rs 51,330. In Mumbai, 22-carat gold was priced at Rs 47,050.

On MCX, the gold rates are expected to rise today due to an easing in the value of the dollar. A weak dollar makes gold easier to buy for overseas buyers. This raises the demand for bullion and makes it costly due to the demand-pull mechanism. In the US, the gold rates touched a week high, rising by 0.3 per cent to $1,850 per ounce.

Generally, bullion is considered a safe investment during times of crisis. However, it loses its attraction if the bond yields rise.

Gold Rate Today: Check Latest Gold Rates In Your City On May 23, 2022, Here

The following prices may not match the local prices because these do not include GST, TDS and other taxes. These are the prices per 10 grams of 22-carat of gold in various cities across the country. The rates have been taken from goodreturns.in.

City	22 Carat Gold Today	24 Carat Gold Today
Chennai	₹48,170	₹52,550
Mumbai	₹47,050	₹51,330
Delhi	₹47,050	₹51,330
Kolkata	₹47,050	₹51,330
Bangalore	₹47,050	₹51,330
Hyderabad	₹47,050	₹51,330
Kerala	₹47,050	₹51,330
Pune	₹47,150	₹51,380
Vadodara	₹47,150	₹51,380
Ahmedabad	₹47,100	₹51,400
Jaipur	₹47,200	₹51,480
Lucknow	₹47,200	₹51,480
Coimbatore	₹48,170	₹52,550
Madurai	₹48,170	₹52,550
Vijayawada	₹47,050	₹51,330
Patna	₹47,150	₹51,380
Nagpur	₹47,150	₹51,380
Chandigarh	₹47,200	₹51,480
Surat	₹47,100	₹51,400
Bhubaneswar	₹47,050	₹51,330
Mangalore	₹47,050	₹51,330
Visakhapatnam	₹47,050	₹51,330
Nashik	₹47,150	₹51,380
Mysore	₹47,050	₹51,330

Gold is generally used as a hedge against inflation, high inflation rates have made gold prices highly volatile in the last few weeks.