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Dec 19, 2014, 03.26 PM IST | Source: Moneycontrol.com

Gold rates today: Latest updates on gold prices

Gold prices were trading lower in major cities of India on Friday. In the Mumbai market, prices of 24-carat gold per 10 gram fell by Rs 110 at Rs 27020 and rates of 22-Carat declined by Rs 100 at Rs 25520.

Gold edged up above USD 1,200 an ounce on Friday as buyers helped the metal hold up against rising equity markets, paring losses fueled by worries over a looming hike in US interest rates, reports Reuters.

MCX GOLD February contract was trading at Rs 26917 per 10 gram, up Rs 102, or 0.38 percent, at 15:09 hours IST. The gold rate touched an intraday high of Rs 26958 and an intraday low of Rs 26825.

So far 4347 contracts have been traded. Gold prices have moved down Rs 1322, or 4.68 percent in the February series so far.

However, spot gold rates declined in major metro cities of India.

Spot gold rates in major cities of India

Chennai

Prices of 24-carat gold per 10 gram were down by Rs 110 at Rs 27090 and rates of 22-Carat slipped by Rs 100 at Rs 25330.

Mumbai

Prices of 24-carat gold per 10 gram fell by Rs 110 at Rs 27020 and rates of 22-Carat declined by Rs 100 at Rs 25520.

Delhi

Prices of 24-carat gold per 10 gram lost by Rs 110 at Rs 27140 and rates of 22-Carat dropped by Rs 110 at Rs 25620.

Kolkata

Prices of 24-carat gold per 10 gram went down by Rs 110 at Rs 27120 and rates of 22-Carat dipped by Rs 100 at Rs 25630.

Hyderabad

Prices of 24-carat gold per 10 gram slipped by Rs 110 at Rs 27160 and rates of 22-Carat were down by Rs 100 at Rs 25680.

Bangalore

Prices of 24-carat gold per 10 gram declined by Rs 110 at Rs 27090 and rates of 22-Carat lost by Rs 110 at Rs 25600.

City 24-Carat (Rs) Change (Rs) 22-Carat (Rs) Change (Rs)
Chennai 27090 -110 25330 -100
Mumbai 27020 -110 25520 -100
Delhi 27140 -110 25620 -110
Kolkata 27120 -110 25630 -100
Hyderabad 27160 -110 25680 -100
Bangalore 27090 -110 25600 -110
 

 

 

 

 

 

C lick here for all other information on gold

Disclaimer: These are only indicative spot market prices obtained from market sources. Investors are advised to confirm the rates before buying or selling as actual prices may vary. Moneycontrol.com will not responsible for any loss incurred by acting on these prices.

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