The 22-carat gold price on Saturday fell to Rs 45,240 for 10 gm. It was trending at Rs 45,380 on Friday. Silver on Saturday was selling at Rs 61,600 per kg, according to the Good Returns website.
Gold prices are subject to volatility all across the world. Since the yellow metal acts as a hedge against spiking inflation, people keep a check on the prices.
Gold rate in Delhi has been seeing some momentum, since 2021 beginning.
This is due to the equity markets taking a beating at the start of the year. This further pushed investors to invest in safe-haven assets like gold.
As per the experts, the gold price may go up to Rs 58,000 per 10 gm at MCX by end of 2021. Gold rates in Delhi have been seeing some momentum, since the start of the year. Here we bring you the latest gold rates for the cities of Delhi, Mumbai and Kolkata.