After hitting 2-month high, Gold prices today fall for second day – Check Today`s Gold Rate
Gold has support at Rs 47,500-47,330 and resistance at Rs 48,000-48,280. Silver has support at Rs 68,800-68,500 and resistance at Rs 69,900-70,400, say experts.
Gold and silver prices slid lower in Indian markets after a sharp drop in the previous session. Gold futures were down 0.02% to ₹47763 per 10 gram while silver declined 0.43% at ₹68,918 per kg. In the previous session, gold had declined 0.83% while silver had slumped 1.6%. In global markets, gold rates edged higher amid falling US Treasury yields and a softer dollar.
In India, gold has risen about ₹4,000 so far this month, tracking a recovery in global rates. In international markets, spot gold was up 0.2% at $1,787.11 per ounce. The precious metal is up about 0.6% so far this week. On MCX, gold rates have support at ₹46,200 per 10 gram while faces resistance at ₹48,240, domestic brokerage Geojit said.
Delhi: For 10 grams of 22-carat gold in the national capital, the rate is Rs 46,660. While for 24-carat gold of the same quantity, the cost is Rs 50,860.
Chennai: The rate for 10 grams of 22-carat gold in Chennai stood at Rs 45,380, while for 24-carat the price is Rs 49,510 per 10 grams.
Kolkata: For 10 grams of 22-carat yellow metal in Kolkata, the cost is Rs 47,750, while for 10 grams of 24-carat gold it is Rs 50,020.
Mumbai: Buyers will have to pay Rs 45,260 for 10 grams of 22-carat, while for 24-carat of the same quantity the rate is Rs 46,260.
International Price of Gold: After hitting its highest at USD 1,797.67 on Thursday, Spot gold was up 0.2 per cent at $1,787.11 per ounce. The yellow metal is up about 0.6 percent so far this week.
Silver Prices
Silver rates on Friday dropped to Rs 693 for 10 grams from the earlier cost of Rs 703 as the rate of the metal witnessed a reduction of Rs 10.
Silver Rates in Metro Cities
The price stood at Rs 69,300 of the metal in Delhi, Mumbai and Kolkata for one kilogram. While in Chennai and Hyderabad the rate is over Rs 5,900 more compared to other metros at Rs 75,200 for the same quantity.
Today’s Gold Rate in Jammu and Kashmir
Compare 22K & 24K Gold Rate In Jammu And Kashmir (Today & Yesterday)
| Today | Yesterday | Rate Change | |
| Standard Gold (22 K) ( 1 gram ) | ₹ 4,634 | ₹ 4,659 | ₹ -25 ↓ |
| Standard Gold (22 K) ( 8 grams ) | ₹ 37,072 | ₹ 37,272 | ₹ -200 ↓ |
| Pure Gold (24 K) ( 1 gram ) | ₹ 4,866 | ₹ 4,892 | ₹ -26 ↓ |
| Pure Gold (24 K) ( 8 grams ) | ₹ 38,928 | ₹ 39,136 | ₹ -208 ↓ |
NOTE: Please note that Gold price rates today for both 22-carat and 24-carat mentioned in the story are indicative and excluding of the Goods and Services Tax (GST), TCS, and other levies. Gold prices at jewellery shops may differ.
(With Inputs From Agencies)