Gold rates dropped by whopping Rs 1200 on Ganesh Chaturthi

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Gold rates dropped by whopping Rs 1200 on Ganesh Chaturthi (Image: Pixabay)
Gold rates dropped by whopping Rs 1200 on Ganesh Chaturthi (Image: Pixabay)

New Delhi : India begins celebrations for Ganesh Chaturthi from today and to make things glitter, gold price has come down by Rs 1,200 per 100 gram, bringing joy for buyers across the country, according to details provided by good returns website. 

The fall in prices have been registered in accordance to the muted global trends. On the Multi Commodity Exchange (MCX), gold was trading low by 0.14 per cent as speculators reduced their positions amid low demand, according to a PTI report.

In the international market gold prices were hovering at the lower threshold. Spot gold was at USD 1,795.86 per ounce. The US gold futures were down to USD 1,797.20.

“Gold prices continue to hover below the USD 1,800 level, pressured by a stronger US dollar, and Fed officials comments signaling a tapering action before the end of this year,” Navneet Damani, vice-president (commodities research) of Motilal Oswal Financial Services, was quoted as saying by PTI.

Gold Rate Today

  • Gold rate today in Mumbai is Rs 46,000 per 10 gram of 22-carat.
  • Gold price in Delhi is Rs 46,100 per 10 gram of 22-carat.
  • Gold rate in Chennai is Rs 44,340 per 10 gram of 22-carat.
  • Gold price in Kolkata is Rs 46,540 per 10 gram of 22-carat.
  • In Bengaluru, gold rate is 44,000 per 10 gram of 22-carat.
  • In Hyderabad, you need to spend Rs 44,000 per 10 gram of 22-carat.
  • In Kerala, gold price is Rs 44,000 per 10 gram of 22-carat.
  • Gold rate in Pune is Rs 45,290 per 10 gram of 22-carat.
  • Gold price in Ahmedabad is Rs 45,000 per 10 gram of 22-carat.
  • Gold rate in Jaipur is Rs 46,190 per 10 gram of 22-carat.
  • Gold price in Lucknow is Rs 46,100 per 10 gram of 22-carat.
  • In Patna, gold price is Rs 45,290 per 10 gram of 22-carat.
  • Gold rate in Nagpur is Rs 46,000 per 10 gram of 22-carat.