Gold prices declined in futures trade on Monday, tracking weak global cues and softer spot demand. The fall comes even as retail prices across major Indian cities showed a mixed trend, with some markets seeing marginal gains while others remained flat.
MCX Gold Futures Decline
On the Multi Commodity Exchange (MCX), gold contracts for June delivery fell by Rs 349, or 0.23 per cent, to Rs 1,52,350 per 10 grams, with a business turnover of 1,119 lots. Analysts attributed the dip to subdued global signals weighing on investor sentiment.
International Market Trends
In the international market, gold futures edged lower by 0.05 per cent to $4,711.98 per ounce in New York, reflecting cautious trading trends globally.
City-Wise Gold Rates Today
Bengaluru
Gold prices in Bengaluru remain unchanged. The 24K gold rate stands at Rs 15,404 per gram, while 22K gold is priced at Rs 14,120 and 18K at Rs 11,553 per gram.
Delhi
In Delhi, gold prices have moved up slightly. The 24K gold rate is Rs 15,457 per gram, 22K stands at Rs 14,170, and 18K at Rs 11,587, all recording modest gains since yesterday.
Mumbai
Mumbai has seen an uptick in gold prices. The 24K gold rate is Rs 15,442 per gram, while 22K is at Rs 14,155 and 18K at Rs 11,582, all showing an increase from the previous day.
Chennai
Gold prices in Chennai remain steady. The 24K gold rate is Rs 15,491 per gram, with 22K at Rs 14,200 and 18K at Rs 11,850, unchanged from yesterday.
Kolkata
Kolkata has recorded a rise in gold prices. The 24K gold rate stands at Rs 15,442 per gram, 22K at Rs 14,155, and 18K at Rs 11,582, all higher compared to yesterday.
Hyderabad
Gold prices in Hyderabad remain unchanged today. The 24K gold rate is Rs 15,404 per gram, while 22K and 18K are priced at Rs 14,120 and Rs 11,553, respectively.
Ahmedabad
Ahmedabad has seen a rise in gold prices. The 24K gold rate is Rs 15,447 per gram, 22K stands at Rs 14,160, and 18K at Rs 11,587, all showing gains.
Jaipur
In Jaipur, gold prices have increased slightly. The 24K rate is Rs 15,457 per gram, 22K is at Rs 14,170, and 18K at Rs 11,587, all up from yesterday.
Bhubaneswar
Gold prices in Bhubaneswar have edged higher. The 24K gold rate is Rs 15,442 per gram, while 22K and 18K are priced at Rs 14,155 and Rs 11,582, respectively.
Pune
Pune has also recorded a rise in gold prices. The 24K rate is Rs 15,442 per gram, 22K at Rs 14,155, and 18K at Rs 11,582, all showing gains.
Kanpur
Gold prices in Kanpur have moved up. The 24K gold rate stands at Rs 15,457 per gram, 22K at Rs 14,170, and 18K at Rs 11,587, all higher than the previous day.
