The price of 22-carat gold also fell Rs 100 and the precious metal is trading at Rs 47,800
The precious metal had closed at Rs 52,142 per 10 grams in the previous trade
Ten gram of 24-carat of gold is trading at Rs 51,490 per 10 gram
10 gram of 22-carat gold is trading at Rs 47,200 today after an increase of Rs 100
Silver, on the other hand, witnessed a fall of Rs 300 as compared to previous day's rate. One kg of silver is currently selling at Rs 55,600
In Delhi, Mumbai, and Kolkata, 10 gram of 24-carat gold is selling at Rs 50,390. Whereas, 10 gram of 22-carat gold is selling at Rs 46,190.
Spot gold was up 0.1% at $1,727.89 per ounce at 0239 GMT, after dropping to its lowest level since late-September at $1,722.30 earlier
Spot gold held its ground at $1,741.84 per ounce at 0531 GMT. U.S. gold futures dipped 0.1% to $1,740.10
Spot gold was down 0.2% at $1,804.26 per ounce, as of 0258 GMT, after hitting an over six-week low of $1,801.50 in the previous session. U.S. gold futures dipped 0.1% to$1,805.00
Silver is trading at Rs 59,400 per kg
Spot gold was up 0.1% at $1,821.57 per ounce by 0254 GMT. U.S. gold futures firmed 0.1% at $1,823.10
A kg of silver is trading at Rs 60,300 on Tuesday
Silver too opened in the low and is trading at Rs 60,000 per kg. The precious metal is down by Rs 200 as compared to previous day's rate.
Meanwhile, silver is also witnessing a fall of Rs 500 as compared to the previous day's rate. 1 kg of silver is trading at Rs 60,500
Spot gold was up 0.2% at $1,856.86 per ounce, as of 0152 GMT. U.S. gold futures edged 0.1% higher to $1,859.40
The upside for MCX Gold June futures seem capped around Rs 51,500-odd level; while MCX Silver futures are likely to face strong resistance in the Rs 64,200 - 64,800 range.
The gold price varies for different regions based on certain parameters such as the excise duty, making charges and the state taxes
The gold rates in India depend on a number of factors including the international gold prices, local tariffs, and the currency movements
The price of gold varies for different regions based on certain parameters such as the excise duty, making charges and the state taxes
The MCX Gold futures seem to be facing considerable resistance around Rs 52,250 as per the monthly charts. Similarly, the upside for Silver seems likely to be capped around Rs 64,200-64,750 odd levels