New Covid variant found Gold price rises: Check today gold rate in your city

Today, the gold price in India for 24 carat and 22 carat has significantly increased by Rs 780 per 10 grams after new variant omicron virus found. Gold price on November 28, for 24 carat gold (10 grams) was Rs 48,470 while 22 carat gold (10 grams) cost Rs 44,400.

A rise 1.64 % in the rates of gold for 24 carat and 22 carat was recorded today. A fluctuation of prices was also observed in different metro cities today. Gold price today in Chennai for 24 carat (10 grams) is Rs 49,865 while the 22 carat (10 grams) is Rs 45,709.

In national capital Delhi, the Gold rate for 24 carat (10 grams) is Rs 51,280 while 22 carat (10 grams) is Rs 47,000. The rate of Gold for 24 carat (10 grams) in Kolkata is Rs 49,900 while 22 carat (10 grams) is Rs 47,200. On the other hand, price of 24 carat gold (10 grams) in Mumbai is Rs 47,940 while 22 carat gold (10 grams) is Rs 46,940.

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According to commodity market experts, this rise in yellow metal price is due to the new Covid variant concern that led to heavy selloff in the global equity markets. They said that outlook for the precious metal is already bullish as rising global inflation, dovish stance of the US Fed on interest rate hike and depreciating Indian National Rupee (INR) against the US Dollar (USD) are already supporting yellow metal shine. They expected sharp rise in the yellow metal price and advised gold investors to buy the precious metal for heavy gains in short term.

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