Gold Price Today: MCX gold futures for June expiry are 0.40 per cent up at 71,010.00 per 10 grams while MCX silver futures for July expiry are down marginally by 0.03 per cent at 81.200 per kg.
As per the Goodreturns website, the price of gold on May 2 stands at Rs 6,625 per gram for 22 karat gold and Rs 7,227 per gram for 24 karat gold (also called 999 gold).
Check Gold price in major cities:
New Delhi: Gold price in Delhi today is Rs 6,640 per gram for 22 karat gold and ₹ 7,242 per gram for 24 karat gold (also called 999 gold).
Mumbai: Gold price in Mumbai today is Rs 6,625 per gram for 22 karat gold and Rs 7,227 per gram for 24 karat gold (also called 999 gold).
Chennai: Gold price in Chennai today is Rs 6,715 per gram for 22 karat gold and Rs 7,325 per gram for 24 karat gold (also called 999 gold).
Kolkata: Gold price in Kolkata today is Rs 6,625 per gram for 22 karat gold and Rs 7,227 per gram for 24 karat gold (also called 999 gold).
Ahmedabad: The gold price in Ahmedabad today is Rs 6,630 per gram for 22 karat gold and Rs 7,232 per gram for 24 karat gold (also called 999 gold).
Gold prices held steady after the US Federal Reserve held interest rates steady at 5.25-5.5 per cent and indicated it is still leaning toward eventual cuts. Spot gold was little changed at $2,324.90 per ounce, a marginal increase of 0.57 per cent. US gold futures rose 0.7 per cent to $2,327.60.
Traditionally, Gold has traditionally been a cherished asset for Indian households and is considered a safe option to park the money. For long, the yellow has been seen as a hedge against inflation.
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