24,22,18 carat gold price today, Silver Price today: In the US, the inflation rate for the month of January has increased by 0.6 percent to 7.5 percent. This inflation rate is the highest in 40 years. After this, there was a big fall in the price of gold and silver. The price of gold on COMEX fell by more than $7 to reach $1820 on the other hand, the price of silver fell to $23.31.
Check the price of gold, silver in major cities of the country today, February 10, 2022
Gold Price in Mumbai Rs 49900, Silver 64400
Gold Price in Ahmedabad 50470, Silver 64700
Gold Price in Chennai 50400, Silver 64600
Gold Price in Salem 50400, Silver 64500
Gold Price in Vijayawada 50400, Silver 64500
Gold Price in Delhi 50100, Silver 64300
Gold Price in Nagpur 50100, Silver 65000
Gold Price in Nashik 49920, Silver 64500
Gold Price in Nanded 49920, Silver 64700
Gold Price in Jalgaon 49800, Silver 64550
Gold Price in Jalna 49900, Silver 64800
Gold Price in Pune 49800, Silver 64400
Gold Price in Patna 50150, Silver 64300
Gold Price in Jaipur 50300, Silver 63500
Gold Price in Jodhpur 50300, Silver 63500
Gold Price in Mysore 50400, Silver price 62600
Gold Price in Badaun 50960, Silver Rate 65100
Gold Price in Kapurthala 50100, Silver Price 65000
Gold Price in Kolkata 50100
Gold Price in Banaras 50100
Hallmarked Gold Jewellery Price per 10 gm in Chandigarh 10 February 2022
23 carat gold price – Rs 49000 ( Increase Rs 200)
22 carat gold price – Rs 47500
20 carat gold price – Rs 43500
18 carat gold price – Rs 39500
14 carat gold price – Rs 30900
Gold Ginni Price – Rs.39300/per 8 grams
Silver Price 999.9)- Rs 64700/kg (up by Rs 100)
Gold Rate Today in Dehradun
24 carat gold price – Rs 50300 per 10 grams ( Increase Rs 300)
23 carat gold price – 48190
22 carat gold price – 45970
20 carat gold price – 41900
18 carat gold price – 38230
14 carat gold price- 30180
Gold Ginni – 38860
Silver Price – Rs 65000 per kg
Silver Coin Price – Rs 770 per Coin
Gold price and silver extended its gain on Wednesday ahead of the U.S. inflation data. Both the precious metals were settled on a positive note in the international markets. Gold April futures contract were settled at $1836.60 per troy ounce with a gain of 0.48% and silver March futures contract were settled at $23.34 per troy ounce with a gain of 0.61%. Today gold price gained Rs 200 in Chandigarh and Rs 300 In Dehradun. Check 24, 22, 18, 14 carat gold price today. Also Check rates of Silver and Silver coins.
Both precious metals were also settled on a positive note in the domestic markets. Gold April futures contract were settled at 48660 per 10 gram with a gain of 0.48% and silver March futures contract were settled at 62688 per one kilogram with a gain of 0.51%. Gold and silver prices gained on Wednesday and hit two week highs ahead of the U.S. inflation data.
The U.S. inflation for the month of January is expected to increase by 7.2% year on year, if the CPI numbers meet the expectation than the U.S. Federal Reserve’s move on the tightening monetary policy would be directional for bullions. Looking at the strong gains in the benchmark 10-year bond yields in the United States, the market is expecting aggressive rate hikes by the U.S. Federal Reserve in coming months. In the international market, the price of gold on Comex is trading at $1834 and silver at $23.21.
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Hallmarked Gold Jewellery Price per 10 gm in Chandigarh 9 Feb 2022
23 carat gold price – Rs 48800 (Rs 100 Up)
22 carat gold price – Rs 47300
20 carat gold price – Rs 43300
18 carat gold price – Rs 39300
14 carat gold price – Rs 30700
Gold Ginni Price – Rs.39100/per 8 grams
Silver Price 999.9)- Rs 64600/kg (Rs 500 Up)
If the inflation data comes as per expectations than the possibility of 50 basis points hike by the U.S. Fed in its March monetary policy meetings. Manoj Jain Director of Prithvi Finmart Says we expect the dollar index to remain volatile and could hold its key support level of 95.20 on a closing basis. On the other hand, the rupee also traded sideways but with a negative bias.
Gold and Silver Price of 9 Feb 2022, Check Here
According to Jain gold and silver prices crossed its immediate resistance level of $1832 per troy ounce and $23.30 per troy ounce respectively on a daily closing basis in the international markets. The dollar index is steady ahead of the inflation data and U.S. equity markets were also up on Wednesday. We expect both precious metals to remain volatile in today’s session but continue to hold its support levels and any dip in the prices would be a buying opportunity at lower levels.
Manoj Jain Said Comex Gold is expected to test $1850 per troy ounce and silver could test $24 per troy ounce in the upcoming sessions. Gold is having support at $1822-1810 per troy ounce and resistance at $1845-1860 per troy ounce while silver is having support at $23.00-22.80 per troy ounce and resistance at $23.60-23.88 per troy ounce.
He says at MCX, gold is having support at 48500-48300 and resistance at 48800-49050; silver is having support at 62220-61900 and resistance at 63100-63600. We suggest buying silver on dips around 62200 with a stop loss below 61900 on a closing basis for the target of 63300.
Continuous sell-off of foreign institutional investors in the domestic equity markets and higher energy prices are pressuring rupee against the dollar. Strength in the U.S. bond yields is also negative for emerging market currencies. However, record foreign exchange reserves and upbeat corporate earnings are supported the rupee. According to Commodity Expert Manoj Jain the rupee to remain volatile this week ahead of the RBI monetary policy and U.S. inflation data; it is expected to be traded in the range of 74.3500-75.5000
Anuj Gupta, IIFL Fin, Commodity Calls 10 Feb 2022
BUY Gold Apr at 48500 SL 48280 TARGET 49200
BUY silver MARCH at 62600 SL 62050 TARGET 64000
BUY MCX COPPER Feb AT 768 sl 762 target 778
Buy crude oil Feb at 6620 Sl 6540 target 6750
Ajay Kedia, Commodity Calls 10 February 2022
BUY GOLD Apr 2022 @48450 SL 48300 TGT 48650-48850. MCX
BUY SILVER Mar 2022 @62300 SL 61900 TGT 62650-63200. MCX
SELL CRUDEOIL Feb 2022 @6720 SL 6760 TGT 6640-6600. MCX
BUY COPPER Feb 2022 @768 SL 763 TGT 775-780. MCX
BUY ZINC Feb 2022 @303 SL 300 TGT 306-308. MCX
Note: The prices being given to you on Gold Price Today are taken from different jewellers and bullion associations of the country. The price of gold, silver in your city may fluctuate as the local jewelers add GST, making charges and hallmarking charges to the gold price. Many jewelers also charge a premium for their shop. Therefore, there is a difference in the price of gold and silver at the shop in bullion.
Disclaimer: This article is written for informational purposes only. This is the opinion of the expert. If you make any investment, first take the advice of your financial advisor. Individuals associated with Gold Price Today do not personally buy, sell or trade gold/silver. Gold Price Today will not be responsible for any loss caused to you.
