These changes come on a day when global gold markets are reacting to a mix of economic indicators. While some analysts point to a strong dollar as a potential headwind for gold prices, others suggest that ongoing geopolitical uncertainties and inflationary concerns are Keeping a floor under the precious metal’s value.
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The prices of gold across different cities in India are as follows:
The price of 18K, 22K, and 24K gold in New Delhi stands at Rs 76,750, Rs 93,883, and Rs 1,02,403 respectively.
The price of 18K, 22K, and 24K gold in Mumbai stands at Rs 76,750, Rs 93,737, and Rs 1,02,257 respectively.
The price of 18K, 22K, and 24K gold in Chennai stands at Rs 76,750, Rs 93,731, and Rs 1,02,251 respectively.
The price of 18K, 22K, and 24K gold in Kolkata stands at Rs 76,750, Rs 93,735, and Rs 1,02,255 respectively.
The price of 18K, 22K, and 24K gold in Bangalore stands at Rs 76,750, Rs 93,725, and Rs 1,02,245 respectively.
The price of 18K, 22K, and 24K gold in Hyderabad stands at Rs 76,750, Rs 93,700, and Rs 1,02,220 respectively.
The price of 18K, 22K, and 24K gold in Ahmedabad stands at Rs 76,750, Rs 93,750, and Rs 1,02,270 respectively.
The price of 18K, 22K, and 24K gold in Pune stands at Rs 76,750, Rs 93,743, and Rs 1,02,263 respectively.
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Experts believe that gold’s role as a traditional safe-haven asset continues to support demand, especially among Indian consumers who have a strong cultural affinity for the metal.
The small daily changes observed are typical of a market seeKing direction, with investors weighing the various factors at play. The recent price movement highlights the continued volatility in the gold market, which is closely watched by investors and consumers alike.