Gold Price Today: The Yellow Metal Falls on Dollar Rise – Check Rate in Delhi, Mumbai and Other Cities

Gold price today: Gold prices on Saturday January 21 decreased by Rs 176 to Rs 56,674 per 10 grams in futures trading. Precious metals rose half a percentage point on Friday to a record tracking of global benchmark indices.

The weakness of the US dollar made the yellow metal more attractive to holders of other currencies and safe-haven demand.

On MCX, February gold futures trade rose 0.23 percent to 56,674 rupees per 10 grams in afternoon trading on Jan. 21. Similarly, March silver futures rose 0.34% to Rs 68,594 per kg.

Gold and silver prices worldwide
In the international market, spot gold fell 0.2% to $1,928.06 an ounce on Friday at 1:49 pm ET (1849 GMT), after hitting its highest level since April 22 at $1,937. $.49 earlier in the session. In contrast, silver rose 0.3% to $23.90 an ounce.

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“The US dollar is finding some kind of stability and in turn we could see gold prices move lower next week,” Daniel Ghali, a commodity strategist at TD Securities, was quoted as saying by Reuters on Friday.

Gold price by city in India as of Jan 21, 2022, for 24k:

Chennai – 58,040 rupees

Bombay- 57,060 rupees

Delhi- 57,210 rupees

Calcutta- 57,060 rupees

bangalore- 57,110 rupees

Hyderabad – 57,060 rupees

Kerala- 57,060 rupees

pune- 57,060 rupees

vadodara- 57,110 rupees

Ahmedabad- 57,110 rupees

Luck- 57,210 rupees

Vijayawada- 57,060 rupees

patna- 57,110 rupees

Nagpur – 57,060 rupees

Chandigarh – 57,210 rupees

Surat- 57,110 rupees

bhubaneswar 57,060 rupees

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Visakhapatnam- 57,060 rupees

Nashik- 57,090 rupees

(Disclaimer: These are indicative prices compiled from reputable sources. Investors are advised to verify prices with their jeweler prior to investing/purchasing.)

(With contributions from Reuters)