Gold, silver rate today, September 20: The gold MCX futures contracts with the October 2024 expiry were trading at Rs 73,450 per 10 gm.
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Gold and silver rates today, September 20
The 24 carat gold rate in India was Rs 73,650 per 10 grams on September 20. The rate for 24 carat gold per gram is Rs 7,365. The rate of 22 carat gold was Rs 67,513 per 10 grams.
The rate of 24 carat gold was up by 0.46% in the last one week, and the yellow metal has fallen by 2.55% in the last ten days. The silver is currently quoted at Rs 898.1 per 10 grams.
Experts on Gold Outlook
Commenting on the Gold outlook Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities said that Gold prices gained higher above 2585$ in Comex and MCX saw rise towards 73500 with gains of 475 rs due to weakness in dollar which has fallen below 100.25$ after testing highs of 101$ yesterday late night on back of FED’s policy curve turning the rates from higher levels of 5.5% to 5.00% with cuts of 0.50% pumping liquidity which added boost to gold prices.
Trivedi also added that going ahead, a series of cuts will be seen with another 2 rate cuts in 2024 of 0.25% each, which will keep gold prices supportive. Gold faces strong support near 73000 and resistance at 74000. With technical pointing towards 74000 likely.
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Gold rate in Delhi, September 20
The gold rate in Delhi was Rs 73,520/10 grams on September 20. On September 19, the gold was quoted for Rs 73,100/10 grams, and last week, on September 13, the price was Rs 73,550/10 grams.
Silver rate in Delhi
The silver rate in Delhi was Rs 89,650/Kg on September 20. On September 19, the price of silver was quoted at Rs 87,900/Kg, and last week, on September 13, the price was Rs 88,850/Kg.
Gold rate in Mumbai, September 10
The gold in Mumbai was quoted at a price of Rs 73,650/10 grams on September 20. On September 19, the price of gold was Rs 73,270/10 grams, and last week, on September 13, the price was Rs 73,680/10 grams.
Silver rate in Mumbai
The silver rate in Mumbai was Rs 89,810/Kg on September 20. On September 19, silver was trading for Rs 88,050/Kg, and on September 13, a week ago, the price was Rs 89,000/Kg.
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Gold rate in Kolkata, September 10
The 24 carat gold rate in Kolkata today, September 20, is Rs 73,550/10 grams. On 19-09-2024, the gold was trading at Rs 73,130/10 grams, and the price a week ago was Rs 73,580/10 grams.
Silver rate in Kolkata
The silver rate in Kolkata today, September 20, is Rs 89,690/Kg. On 19-09-2024, the price of silver was Rs 87,930/Kg, and last week, the price on 13-09-2024 was Rs 88,880/Kg.
Gold rate in Chennai, September 20
The gold rate in Chennai was Rs 73,870/10 grams on September 20. On September 19, the price of gold was Rs 73,440/10 grams, and last week, on September 13, the price was Rs 73,890/10 grams.
Silver rate in Chennai
The silver rate in Chennai today, September 20, is Rs 90,070/Kg. On 19-09-2024, the price of silver was Rs 88,031/Kg, and last week, the price on 13-09-2024 was Rs 89,260/Kg.
MCX Futures
The gold MCX futures contracts with the October 2024 expiry were trading at Rs 73,450 per 10 gm, up by Rs 395. While, the futures contracts for silver with the September 2024 expiry on MCX futures were trading at Rs 90,007 per kg, up by Rs 1708..
