Jun 14, 2013, 12.07 PM IST | Source: Moneycontrol.com

Gold prices update: Gold rates in Chennai, Ahmedabad

In Ahmedabad, spot rates of gold 995 and 999 declined by Rs 220 to Rs 28,110 and 28,235, respectively, as compared to previous day's closing rates.

Gold prices update: Gold rates in Chennai, Ahmedabad

Gold futures increased marginally Friday, but spot gold prices declined. At 11:26 hours IST, MCX GOLD August contract was trading at Rs 27817 up Rs 51, or 0.18 percent. The GOLD rate touched an intraday high of Rs 27843 and an intraday low of Rs 27746. So far 3653 contracts have been traded. GOLD prices have moved down Rs 4410, or 13.68 percent in the August series so far.

In Chennai, spot gold 995 is trading at Rs 28150 per 10 gram, down by Rs 250 and gold 999 rate fell Rs 250 to 28,265 per 10 gram.

Meanwhile, in Ahmedabad, spot rates of gold 995 and 999 declined by Rs 220 to Rs 28,110 and 28,235, respectively, as compared to previous day's closing rates.

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