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Gold, Silver Prices Today: Yellow Metal Climbs to Rs 49,530 Per 10 gm, Silver at Rs 69,200/Kg

Gold, Silver Prices Today: In New Delhi, the price of 22-carat gold remained unchanged and stayed at Rs 45,410 per 10 gm

Updated: February 23, 2021 9:49 AM IST
By India.com News Desk Email
Edited by Surabhi Shaurya EmailFollow
Gold, Silver Prices Today: Yellow Metal Climbs to Rs 49,530 Per 10 gm, Silver at Rs 69,200/Kg

Gold, Silver Prices Today: Following the trend in the international market, Gold and silver futures prices traded with gains on Tuesday. According to the Good Returns website, the price of yellow metal climbed to Rs 49,530 from Rs 49,440, while silver rose to Rs 69,200 per kg from Rs 68,587. In the previous trade, gold had closed at Rs 45,735 per 10 grams.Also Read - 5 Tips That Will Save You From Being Cheated While Buying Gold Or Diamond | Akshaya Tritiya

In New Delhi, the price of 22-carat gold remained unchanged and stayed at Rs 45,410 per 10 gm, while in Mumbai the rate is Rs 46,460. Notably, gold prices increase or decrease varying from city to city due to different excise duty, state taxes, and making charges in jewelry stores. Also Read - Akshaya Tritiya 2022: 5 Things to do Today That Are as Auspicious as Buying Gold

Check rates in major cities here:  Also Read - Akshaya Tritiya 2022: 5 Traditional Rituals of This Festival

City22-Karat Gold Price Today
Chennai₹43,950
Mumbai₹45,470
Delhi₹45,410
Kolkata₹45,570
Bangalore₹43,260
Hyderabad₹43,260
Kerala₹43,260
Pune₹45,470
Vadodara₹45,770
Ahmedabad ₹45,770

Earlier on Monday, in the international market, gold was trading lower at USD 1774 an ounce, while silver was also down at USD 26.94 an ounce.

Gold prices traded firm on dollar decline and weak equity indices on pandemic worries. Gold prices managed to hold support at USD 1760 per ounce rebounding on bargain buying, HDFC Securities Senior Analyst (Commodities) Tapan Patel said.

“We expect gold prices to trade sideways to up for the day with COMEX spot gold support lies at USD 1760 and resistance at USD 1800. MCX Gold April support lies at Rs 45,900 and resistance lies at Rs 46,600,” he noted.

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Topics:
goldsilver

Published Date: February 23, 2021 9:47 AM IST

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Updated Date: February 23, 2021 9:49 AM IST

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