look news india
Gold price today: Today on MCX, gold rose by Rs. 116. Silver rose by Rs. 71700 per 10 grams. It was increased by Rs. 130. It is being reported at 89269 level. In the domestic spot market, gold prices declined today in other top 12 cities including Ahmedabad. In Ahmedabad today, the price of 22 carat gold in the opening market was Rs. 66390 per 10 grams and the price of 24 carat gold was reported to be Rs. 72420 per 10 grams. The price of 24 carat gold was seen around Rs. 74100 per 10 grams, which was Rs. 74200 per 10 grams on Saturday.
Globally, investors are awaiting the announcement of US inflation data and the related official statement of Fed Reserve officials. Which has increased the buying of gold and silver with the expectation that the Fed will cut interest rates in September. Globally, the spot price of gold has increased by $ 5.40 to $ 2336.60 per ounce.
Gold prices in other cities of the country
| City | 24 carat gold rate per 10 grams |
| Chennai | 73,030 |
| Kolkata | 72,370 |
| Gurgaon | 2,520 |
| Lucknow | 72,520 |
| Bangalore | 72,370 |
| Jaipur | 72,520 |
| Patna | 72420 |
| Bhubaneswar | 72,370 |
| Hyderabad | 72,370 |
Gold rose marginally on weekly basis, silver fell
A decrease in the buying of precious metals has been observed in the current bullion market of Ahmedabad. However, due to the fluctuation in global prices, there has been a difference in the prices of gold and silver. During the last week, the price of 24 carat gold fell by Rs. 100 and finally Rs. 74200 per 10 grams. While silver was reduced by Rs. 1500. It was quoted at 88500 per kg. Due to the bumper rise in silver in recent days, profit booking has increased.