Gold Rate Today, July 26: Yellow Metal Falls For 3rd Day
Gold Price Today, July 26: In Mumbai, the price of gold stands at Rs 91,600 per 10 grams for 22-carat and Rs 99,930 per 10 grams for 24-carat.
Gold Prices Today, July 26.
Gold, Silver Prices In India Today, July 26: Gold prices on Saturday fell for the third day in a row. In Mumbai, the price of gold stood at Rs 91,600 per 10 grams for 22-carat and Rs 99,930 per 10 grams for 24-carat.
Silver declined by Rs 2,000 to Rs 1,16,000 per kg.
The MCX remains closed on Saturdays and Sundays.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On July 26?
City 22K Gold (per 10gm) 24K Gold (per 10gm)
Delhi Rs 91,750 Rs 1,00,080
Jaipur Rs 91,750 Rs 1,00,080
Ahmedabad Rs 91,650 Rs 99,980
Patna Rs 91,650 Rs 99,980
Mumbai Rs 91,600 Rs 99,930
Hyderabad Rs 91,600 Rs 99,930
Chennai Rs 91,600 Rs 99,930
Bengaluru Rs 91,600 Rs 99,930
Kolkata Rs 91,600 Rs 99,930
Global Cues For Gold
US spot gold (comex) was down 1.12% at $3,392.50 per ounce on Friday.
The European Union and the United States now appear to be heading towards a possible trade deal, according to EU diplomats, which would result in a broad 15% tariff on EU goods imported into the US, mirroring a framework agreement Washington struck with Japan.
The S&P 500 and the Nasdaq notched record closing highs overnight as signs of easing global trade tensions lifted risk sentiment among investors.
Offering respite to gold, the US dollar index was headed for its worst week in a month, making greenback-priced gold less expensive for other currency holders.
Data showed US jobless claims unexpectedly fell last week, signalling a steady labour market despite sluggish hiring making it harder for the unemployed to find work.
The Federal Reserve is also widely expected to leave rates unchanged at its July 29-30 meeting, but markets continue to price in a potential rate cut in September.
What Factors Affect Gold Prices In India?
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