Jul 01, 2015, 04.01 PM IST | Source: Moneycontrol.com

Gold rates today: Latest updates on gold prices

Gold rates declined in major cities of India on Wednesday. In Mumbai market, prices of 24-carat gold per 10 gram were down by Rs 100 at Rs 26660 and rates of 22-carat fell by Rs 90 at Rs 25180.

Gold struggled close to its lowest in nearly four weeks on Wednesday, as the dollar stood tall after Greece missed a loan payment to the International Monetary Fund.
 
The Greek debt crisis has failed to spark robust safe-haven bids, with bullion investors still worried over an expected US rate hike later this year after more strong economic data, reported Reuters.
 
Gold prices on MCX were trading flat on Wednesday. At 13:51 hrs MCX Gold August contract was trading at Rs 26481 up Rs 10, or 0.04 percent.
 
The Gold rate touched an intraday high of Rs 26531 and an intraday low of Rs 26460. So far 2911 contracts have been traded. Gold prices have moved down Rs 837, or 3.06 percent in the August series so far.
Spot gold rates in major metros

Chennai

Prices of 24-carat gold per 10 gram were down by Rs 100 at Rs 26730 and rates of 22-carat slipped by Rs 100 at Rs 24990.
 
Mumbai
 
Prices of 24-carat gold per 10 gram were down by Rs 100 at Rs 26660 and rates of 22-carat fell by Rs 90 at Rs 25180.
 
Delhi
 
Prices of 24-carat gold per 10 gram declined by Rs 110 at Rs 26770 and rates of 22-carat slipped by Rs 100 at Rs 25280.
 
Kolkata
 
Prices of 24-carat gold per 10 gram shed by Rs 100 at Rs 26750 and rates of 22-carat fell by Rs 100 at Rs 25280.
 
Hyderabad
 
Prices of 24-carat gold per 10 gram declined by Rs 100 at Rs 26800 and rates of 22-carat shed by Rs 100 at Rs 25340.
 
Bangalore
 
Prices of 24-carat gold per 10 gram were down by Rs 100 at Rs 26730 and rates of 22-carat slipped by Rs 100 at Rs 25260.
 
City 24-Carat (Rs) Change (Rs) 22-Carat (Rs) Change (Rs)
Chennai 26730 -100 24990 -100
Mumbai 26660 -100 25180 -90
Delhi 26770 -110 25280 -100
Kolkata 26750 -100 25280 -100
Hyderabad 26800 -100 25340 -100
Bangalore 26730 -100 25260 -100
 
 

 

 

 

 

 

 

 

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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