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Gold Rate Today

 

Gold Rate Today, June 22, 2023

Gold rate today
Hindifile.com

The gold rate in India today is ₹5,450 per gram for 22k, while for 24k also called 999 gold, the prices is at ₹5,945 per gram. This is a decrease of ₹32 per gram for 24k gold and ₹30 per gram for 22k gold, compared to the previous day’s prices.

The global gold price is currently trading at $1,300 per ounce, which is a decrease of $10 from the previous day’s prices. The gold price is being affected by a number of factors, including the strength of the US dollar, the rising interest rates, and the ongoing war in Ukraine.

gold rate today
hindifile.com

Despite the recent decline, gold is still seen as a safe haven asset and is expected to remain in demand in the long term. Investors are increasingly looking at gold as an important investment, as it can provide protection against inflation and economic uncertainty.

Here are the gold rates in some other major cities in India today:

  • Delhi: ₹5,451 per gram (22k) and ₹5,946 per gram (24k)
  • Mumbai: ₹5,452 per gram (22k) and ₹5,947 per gram (24k)
  • Chennai: ₹5,440 per gram (22k) and ₹5,935 per gram (24k)
  • Kolkata: ₹5,457 per gram (22k) and ₹5,952 per gram (24k)
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    Factors Affecting Gold Prices

    The price of gold is affected by a number of factors, including:

    • The strength of the US dollar: A stronger US dollar makes gold more expensive for buyers who hold other currencies.
    • The level of interest rates: Rising interest rates make gold less attractive as an investment, as it does not offer any interest payments.
    • Economic uncertainty: Gold is seen as a safe haven asset during times of economic uncertainty, so its price tends to rise when there is political or economic instability.
    • Supply and demand: The price of gold is also affected by supply and demand. If there is more demand for gold than supply, the price will go up.
                             

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