Gold Price Today: Gold continues to fall, silver rises, check the latest rate!

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The price of gold also declined on the fourth day of the week. Gold October futures on the Multi Commodity Exchange (MCX) were trading 0.03 percent lower at Rs 50,492 per 10 grams. In contrast, silver December futures were trading in the green. On September 8, at 10:30 am, the metal was trading 0.28 percent higher at Rs 54,180 per kg.

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On Wednesday, there was a fall in the prices of gold and silver in the Delhi bullion market. Gold fell by Rs 225 to Rs 50,761 per 10 grams in the bullion market yesterday. In the last trading session, gold had closed at Rs 50,986 per 10 grams. Similarly, silver also lost its luster and its price fell by 315 to Rs 54,009 per kg.

The festive season is now about to start in the country. In such a situation, the demand for gold increases. However, experts say that till Diwali, there may be a further decline in gold.

Here are the indicative prices of 22 karat gold today, September 8, 2022, in major Indian cities (excluding GST, TCS, and other charges):

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Chennai: Rs 47,300

Mumbai: Rs 46,650

Delhi: Rs 46,800

Kolkata: Rs 46,650

Bengaluru: Rs 46,700

Hyderabad: Rs 46,650

Kerala: Rs 46,650

Ahmedabad: Rs 46,700

Lucknow: Rs 46,800

Patna : Rs 46,680

Chandigarh: Rs 46,800

Bhubaneswar: Rs 46,650