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Sep 19, 2014, 01.55 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 Mumbai market, prices of 24-carat gold per 10 gram fell by Rs 50 at Rs 26880 and rates of 22-carat shed by Rs 50 at Rs 25380.

Gold held above its lowest in 8-1/2 months on Friday but was headed for a third straight weekly drop on fears that a rate hike in the United States and a strengthening economy could dim the metal's appeal, reported Reuters.

Gold prices on MCX slipped on Friday. At 13:46 hrs MCX Gold October contract was trading at Rs 26567 down Rs 92, or 0.35 percent.

The Gold rate touched an intraday high of Rs 26665 and an intraday low of Rs 26510. So far 5964 contracts have been traded. Gold prices have moved down Rs 1733, or 6.12 percent in the October series so far.

Spot gold rates in major cities of India

Chennai

Prices of 24-carat gold per 10 gram were down by Rs 40 at Rs  26960 and rates of 22-carat shed by Rs 40 at Rs 25210.

Mumbai

Prices of 24-carat gold per 10 gram fell by Rs 50 at Rs  26880 and rates of 22-carat shed by Rs 50 at Rs 25380.

Delhi

Prices of 24-carat gold per 10 gram declined by Rs 50 at Rs  27000 and rates of 22-carat slipped by Rs 50 at Rs 25490.

Kolkata

Prices of 24-carat gold per 10 gram fell by Rs 50 at Rs  26980 and rates of 22-carat were down by Rs 50 at Rs 25500.

Hyderabad

Prices of 24-carat gold per 10 gram slipped by Rs 40 at Rs  27030 and rates of 22-carat slipped by Rs 40 at Rs 25560.

Bangalore

Prices of 24-carat gold per 10 gram were down by Rs 40 at Rs  26960 and rates of 22-carat were down by Rs 40 at Rs 25480.

City 24-Carat (Rs) Change (Rs) 22-Carat (Rs) Change (Rs)
Chennai 26960 -40 25210 -40
Mumbai 26880 -50 25380 -50
Delhi 27000 -50 25490 -50
Kolkata 26980 -50 25500 -50
Hyderabad 27030 -40 25560 -40
Bangalore 26960 -40 25480 -40
 

 

 

 

 

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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