Gold prices rebounded on September 5, a day after the yellow metal dropped following a multi-session gaining streak. Gold's October contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 1,06,676 per 10 grams today.
Let's check the latest prices of 10 grams of 22 carat and 24 carat gold in major cities of the country on September 5:
| City | Price of 24k gold | Price of 22k gold |
| Delhi | Rs 1,07,770/10g | Rs 98,800/10g |
| Mumbai | Rs 1,07,620/10g | Rs 98,650/10g |
| Chennai | Rs 1,07,620/10g | Rs 98,650/10g |
| Kolkata | Rs 1,07,620/10g | Rs 98,650/10g |
| Bengaluru | Rs 1,07,620/10g | Rs 98,650/10g |
| Jaipur | Rs 1,07,770/10g | Rs 98,800/10g |
| Lucknow | Rs 1,07,770/10g | Rs 98,800/10g |
| Hyderabad | Rs 1,07,620/10g | Rs 98,650/10g |
| Ahmedabad | Rs 1,07,670/10g | Rs 98,700/10g |
"Investors remain focused on the Fed’s September meeting where rate cuts are anticipated, while ongoing tariff uncertainties are fueling safe-haven demand. Together, these factors continue to keep bullion in a bullish structure. The broader setup remains positive as long as prices sustain above ₹1,06,450, with strength expected to extend towards resistance near ₹1,07,260. A decisive break above this could open the path for further gains, while only a fall below ₹1,06,150 would signal weakness," said Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities.
Also read: Gold poised for best week in three months; US jobs data on tap
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