Gold Prices- The New Blizzard In The Country!

By Author: ruchi jain
Total Articles: 123
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Well, it's remarkable how gold prices have witness a downward spiral from the last couple of days. On one side where many traders have closed shutter in order to avoid huge loss, the other hand investors are betting big on gold jewelries, coins and many more.

Presently, in sequence with global markets and taking nods from quick buying by vendors in domestic spot markets at existing low levels, gold continued its recovery for the third successive trading session in futures trade. Sources revealed that at the Multi Commodity Exchange (MCX), the most-active delivery in June contracts traded Rs 273 higher at Rs 26,320 per 10 gm.

At the dot markets, gold has by now cultivated Rs 27,000 level with prices going up by a huge Rs 500 to trade at Rs 27,100 per 10 gm in previous trade.

Talking about today's gold rate in Chennai, the standard gold price here rose by Rs 185 and reached to Rs 26,555 per ten grams. In Chennai gold market, the previous close of gold was of Rs 26,370. Besides gold, Silver here also fell further by Rs 365 to Rs 44,550 per kg from Rs 44,915 respectively.

Whereas today's gold rate in ...
... Mumbai has reached to Rs 26,260 and Rs 26,395 per 10 gm, for Standard gold of 99.5 percent purity and pure gold of 99.9 percent purity. Plus, silver rates here plunged by Rs 460 to end at Rs 45,665 per kg from closing level of Rs 46,125.

In the national capital, gold of 99.9 and 99.5 percent purity spurted by Rs 500 each to Rs 27,100 and Rs 26,900 per 10 gm, respectively. On the other hand, silver fell by Rs 100 to Rs 45,300 and weekly-based delivery turned down to Rs 43,300 per kg.

Moreover, for buying, silver coins shot up by Rs 1,000 to Rs 75,000 and for selling 100 pieces, the value is Rs 76,000. Moving further to gold prices in Bangalore, it has increased Rs 137 to Rs 26,885 per 10 gm. The silver rate has witnessed an addition of Rs 400 and has reached to Rs 45,800 per kg.

Therefore to get more information on current gold rates, just log in to khojle and explore the apt details on the current gold rates of varied cities. Also if you wish, you can too compare the gold prices of one or more city. With this you will get enough information about the bullion market of varied cities and you can choose the best place to buy gold. Free classifieds save lot of your money and time that you might have spent in travelling to different jewelry shops in your city.

Author is giving information about today gold rate in Chennai and today's gold rate in Mumbai. For more details log on to khojle.in where you will find the current price of Gold and Sliver.