Bad news for gold lovers: Gold rate slightly increases today

Gold could be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce. A potent mix of decades-high inflation, geopolitical turmoil and growing talk of recession should be bullish for the traditional haven, according to speakers interviewed ahead of a precious metals conference in Singapore this week. Bad news for gold lovers: Gold rate slightly increases today.

The price of gold which decreased yesterday in India is increasing since 2 days. Gold price today is Rs 530 increase. The price of silver, which was reduced yesterday, today fell by Rs 1,200 in a single day has collapsed. If you are also thinking of buying gold what is the current price of gold in major cities of India? Here is the information. Bad news for gold lovers: Gold rate slightly increases today.

Gold prices in India rise again today. Yesterday the price of 22 carat gold was Rs 46,000. Rs.46,500  is also, the price of 24 carat gold is Rs.50,200 to Rs.50,730.International trend in gold price fluctuation, import duty on gold and dollar against rupees value becomes critical.

According to Good Returns, today’s price of 22 carat gold in major cities including Bengaluru, Chennai, Hyderabad is as follows. Chennai- 46,700 Rs. Mumbai- Rs 46,500, Delhi- Rs 46,650, Kolkata- Rs 46,500, Bengaluru- Rs 46,550, Hyderabad- Rs 46,500, Kerala- Rs 46,500, Pune- Rs 46,530, Mangaluru- Rs 46,550, Mysore- Rs 46,550.

So, today’s price of 24 carat gold is as follows: Chennai- Rs 50,950, Mumbai- Rs 50,730, Delhi- Rs 50,890, Kolkata- Rs 50,730, Bengaluru- Rs 50,780, Hyderabad- Rs 50,730, Kerala- Rs 50,730, Pune- Rs 50,760, Mangaluru – Rs 50,780, Mysore- Rs 50,780.

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Today’s Silver Price: Silver price today is Rs 1,200 decrease. Yesterday 1 kg silver price was Rs 58,000. Today it is Rs 56,800. is If we look at the silver price of major cities in India, Bengaluru- Rs 62,500, Mysore- Rs 62,500, Mangaluru- Rs 62,500, Mumbai- Rs 56,800, Chennai- Rs 62,500, Delhi- Rs 56,800, Hyderabad- Rs 62,500, Kolkata- Rs 56,800.