Gold Price Forecast: Know Today's Price of Yellow Metal in India and Likely Rate for June 26
Gold prices slightly decreased on Tuesday, June 25, after witnessing a major drop in rates in the last ten days. In this article, we at LatestLY provide bring you today's prices of gold and its likely rates for June 26.
Mumbai, June 25: Gold prices slightly decreased on Tuesday, June 25, after witnessing a major drop in rates in the last ten days. In today's market update, gold prices in India remained steady as investors eagerly await US inflation data, which is set to be released later this week. This data may clarify the Federal Reserve's approach to rate cuts, which might be useful for making calculated forecasts of gold prices. In this article, we at LatestLY provide bring you today's prices of gold and its likely rates for June 26. RBI Shifts 100 Tonnes of Gold From UK: Congress Leader P Chidambaram Says Reserve Bank of India’s Move To Shift 100 Tonnes Gold to India ‘Makes No Difference’ to Economy.
On Tuesday, the cost of 24-carat gold was Rs.7268.9 per gm, down by Rs.1803.0. The cost of 22-carat gold is Rs.6658.3 per gm, down by Rs.1651.0. The price change in 24-carat gold in the last one week has been -1.53% .whereas in the last month it has been -1.95%. Muthoot FinCorp Limited Launches ‘Book My Gold Loan’ Campaign With Bollywood Superstar Shah Rukh Khan.
City-Wise Prices of Gold
- Mumbai: The gold price in the city today is Rs 73477.0/10 grams, compared to Rs 74928.0/10 grams on June 24.
- Delhi: The price of gold in the national capital is Rs 72689.0/10 grams, up from Rs 74637.0/10 grams yesterday.
- Chennai: In the southern city, the price of gold is Rs 73620.0/10 grams today, compared to Rs 74128.0/10 grams yesterday.
- Kolkata: The price of gold in the West Bengal capital is Rs 73119.0/10 grams, up from Rs 74128.0/10 grams on June 24.
Gold Price Forecast For June 26
The price of Gold in India on Wednesday, June 26, will likely remain constant or slightly decrease.
Gold holds a special place in Indian culture, symbolising prosperity, beauty, and auspiciousness. It is considered a symbol of Lakshmi, the goddess of wealth, and is believed to bring good fortune and prosperity to the household.
(The above story first appeared on LatestLY on Jun 25, 2024 04:39 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).