Gold prices rise in Dubai, steady in India, check today’s 24k 22k rates here | News Bharat

As traders are worried about the ongoing civil unrest in China due to its severe COVID-19 policies, gold prices in India remained around the same level of Rs 52,980 on Tuesday. In the domestic markets, on November 29, the price of 10 grams of 24 carat gold was Rs 52,980 while the price of 10 grams of 22 carat gold was at an average of Rs 48,560. While silver prices fell to Rs 61,400. The yellow metal, however, hit a one-week high in the international market on Monday before closing lower for the first time in five days. At 00:07 GMT, spot gold was unchanged at $1,741.13 an ounce. US gold futures were flat at $1,739.60.

Gold prices in Indian cities

The gold price at 9:33 AM today was INR 4,591 per gram for 24 carat gold, up 0.42% from yesterday’s close of INR 4,572. Gold is up 0.48% compared to last week. The 52-week gold price high is INR 4,647 while the 52-week gold price low is INR 4,332. The price per gram of 22 carat gold is INR 4,208. Gold prices vary by city in India. Here is the list of 24 carat and 22 carat gold prices in Indian states

Gold price sees rise in Dubai

US Federal Reserve officials say interest rates will remain high to curb inflation sent gold prices in Dubai down about 1% in the previous session, but prices of gold rose in early trading on Tuesday. Spot gold was up 0.6 percent at $1,753.22 an ounce by 9:30 a.m. UAE time. This is the market price at which gold is bought and sold on the spot and involves an immediate exchange of payments and delivery of gold, according to Forbes. The president of the Federal Reserve of St. Louis, James Bullard said that to contain inflation, the Fed must raise interest rates significantly and keep them there for the rest of this year and beyond 2024. Investors now await comments from the chairman of the Fed, Jerome Powell, who will make them Wednesday at a meeting of the Brookings Institution.

24 carat gold: In the United Arab Emirates, the price of 24K gold was steady at Dh212.25 per gram as markets opened on Tuesday.

22K, 21K and 18K gold: Trading slightly higher, 22K, 21K and 18K gold were at Dh199.5, Dh190.25 and Dh163.25 per gram, respectively. The precious metal had hit a one-week high on Monday before closing lower for the first time in five sessions.