Gold Price Today: Gold prices on Saturday, January 21, declined by Rs 176 to Rs 56,674 per 10 grams in the futures trade. Precious metal on Friday rose by half a per cent to a record high tracking global benchmarks.
Weakness in the US dollar made the yellow metal more attractive to those holding other currencies and safe-haven demand.
On MCX, Gold February Future trading was up by 0.23 percent to Rs 56,674 per 10 grams in the afternoon trade of January 21. Likewise, Silver March futures increased by 0.34% to Rs 68,594 per kg.
Gold, Silver Prices Globally
In the international market, Spot gold fell on Friday by 0.2% to $1,928.06 per ounce by 1:49 p.m. ET (1849 GMT), after rising to its highest since April 22 at $1,937.49 earlier in the session. In contrast, silver rose 0.3% to $23.90 per ounce.
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“The U.S. dollar is finding some form of stability and in turn, we could see gold prices heading lower into next week,” said Reuters on Friday citing Daniel Ghali, commodity strategist at TD Securities.
Gold Price City-wise In India as of January 21, 2022, for 24k:
Chennai- Rs 58,040
Mumbai- Rs 57,060
Delhi- Rs 57,210
Kolkata- Rs 57,060
Bangalore- Rs 57,110
Hyderabad- Rs 57,060
Kerala- Rs 57,060
Pune- Rs 57,060
Vadodara- Rs 57,110
Ahmedabad- Rs 57,110
Lucknow- Rs 57,210
Vijayawada- Rs 57,060
Patna- Rs 57,110
Nagpur- Rs 57,060
Chandigarh- Rs 57,210
Surat- Rs 57,110
Bhubaneswar- Rs 57,060
Visakhapatnam- Rs 57,060
Nashik- Rs 57,090
(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)
(With inputs from Reuters)
