Global Gold Price: Spot gold fell 0.2% to $2,385.23 per ounce, and U.S. gold futures declined 0.3% to $2,425.50. :Gold Market Update for Today
Here are the latest updates on the gold market for today ¹ ² ³:
– Gold Price: The price of gold in India today is ₹6,350 per gram for 22 karat gold and ₹6,927 per gram for 24 karat gold.
– Gold Rate in Chennai: The price of gold in Chennai today is ₹6,330 per gram for 22 karat gold and ₹6,906 per gram for 24 karat gold.
– Gold Futures: Gold October futures at MCX opened flat at ₹68,752 per 10 grams, down 0.31%.
– Global Gold Price: Spot gold fell 0.2% to $2,385.23 per ounce, and U.S. gold futures declined 0.3% to $2,425.50.
– Influencing Factors: The gold price is influenced by a stronger U.S. dollar and rising Treasury yields, while the likelihood of a September rate cut by the Federal Reserve cushions the fall.
Please note that the gold market is subject to fluctuations and the prices may change rapidly