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Gold price falls as dollar climbs to 20-year high | Know the rates

By Saima Siddiqui 
Updated Date
Gold price falls as dollar climbs to 20-year high | Know the rates

New Delhi: The gold price fell for the second week in a row, marking the greatest monthly decline in April since September 2021. On Friday, the gold rate for the June contract on the Multi Commodity Exchange (MCX) was 51,760 per 10 gm, while the market gold price was $1895 per ounce. The primary cause for the drop in yellow metal price, according to commodities market analysts, is the increasing dollar index. According to them, the dollar index has been over 100 for the whole week, causing the US dollar (USD) to reach 20-year highs

Also Read :- Gold prices today, Feb 22, in India surge to near 1yr high, silver rates jump

Today, on April 30, ten grammes of 24-carat gold in India is priced at Rs 52,960, up Rs 590 from yesterday’s price. One kilo of silver is currently being purchased and sold for Rs 64,000, up Rs 200 from yesterday’s price of Rs 63,800.

Making charges, excise duty, and state taxes all affect the price of yellow metal on a daily basis. This Saturday’s gold charges from a few Indian towns are listed below:

According to the Good Returns website, 10 grammes of 22-carat gold costs Rs 48,550 in Mumbai, New Delhi, and Kolkata. In Chennai, the same amount of the valuable yellow gold may be purchased for Rs 48,970.

When it comes to 24-carat gold, 10 grammes is worth Rs 52,960 in Mumbai, New Delhi, and Kolkata. Today, the same quantity of 24-carat purity is being marketed in Chennai for Rs 53,420.

Also Read :- Gold price today drops to lowest in nearly 2 months, silver rates fall too

10 grammes of 22-carat gold are being sold for Rs 48,600 and Rs 48,700 in Surat and Jaipur, respectively. Surat and Jaipur are trading the same quantity of 24-carat purity for Rs 53,060 and Rs 53,110, respectively.

Today, 10 grammes of 22-carat gold can be purchased for Rs 48,550 in Hyderabad, Kerala, and Bengaluru. The same quantity of 22-carat purity is also available for Rs 48,550 in Vijayawada, Visakhapatnam, and Mysore. Furthermore, 10 grammes of 24-carat gold are selling for Rs 52,960 in all the above regions.

In addition, 10 grammes of 22-carat gold costs Rs 48,970 in Coimbatore and Rs 48,610 in Patna, respectively. In Coimbatore, the same quantity of 24-carat purity costs Rs 53,420, whereas in Patna, it costs Rs 53,010.

10 grammes of 22-carat gold are being sold for Rs 48,700 and Rs 48,610 in Chandigarh and Nashik, respectively. In Chandigarh and Nashik, the same quantity of 24-carat purity is offered for Rs 53,110 and Rs 53,010, respectively.

Gold futures, which are due to expire on June 3 this year, gained by 0.97 percent to Rs 51,760.00, according to the latest numbers from the Multi Commodity Exchange (MCX). The price of silver futures fell 0.64 percent to Rs 63,505.00.

Also Read :- Gold price tumbles down ₹9,000 from all-time highs, silver slumps too

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