Gold Rate Today Jumps On Saturday; Check 24k, 22K, 18K Prices in Bengaluru, Chennai, Hyderabad on Sep 12

The gold rate today surged slightly after recording a massive drop on Friday across purities in major South Indian cities, with the gold price today in Bengaluru, Chennai, and Hyderabad rising slightly.

In India many investors are used this phase to buy on dips, hoping to benefit from a recovery in the gold rate today. The 22k gold rate and 24k gold rate across key cities have attracted retail buyers who believe this correction is a good entry point for long-term gold investment ahead of the festive season

Gold Rate in Bangalore Today

On September 12 the 24-carat gold rate in Bangalore jumped by Rs.160 per 10 grams to cost Rs. 154,580 per 10 grams. While the 22-carat gold prices in Bangalore today surged by Rs.150 and are currently retailing at Rs.1,41,700 per 10 grams. Similarly, the 18-carat gold rate today also dropped by Rs.120 per 10 grams to cost Rs. 1,15,940.

Gold rate in Chennai today

Similarly, the 22-carat gold rate in Chennai jumped today by Rs. 160 per 10 grams, bringing the price higher to Rs. 1,54,580 per 10 grams. Meanwhile, the 24-carat gold price in Chennai jumped by Rs.150, now retailing at Rs. 1,41,700 per 10 grams. The 18-carat gold also saw a spike of Rs.150 per 10 grams, currently priced at Rs. 1,19,400.

Gold rate in Hyderabad today

On September 12th, gold prices in Hyderabad jumped across all purity levels. The 22-carat gold rate in Hyderabad jumped by Rs. 160 per 10 grams and is now priced at Rs. 1,54,580 per 10 grams. Meanwhile, the 24-carat gold price in Hyderabad today spiked by Rs. 150, bringing the rate to Rs. 1,41,700 per 10 grams. Even the 18-carat gold rate in Hyderabad saw a surge of Rs.150 currently retailing at Rs. 94,380 per 10 grams.

MCX Gold and Silver Futures Update

Trading on the MCX is closed today due to the weekend holiday , gold futures slated to mature on October 5th are closed at Rs.1,52,665, down by 0.08%. Similarly, silver futures, which are set to expire on Dec 4th, dropped by 0.04% to trade at Rs. 2,34,886 per Kg

Spot Gold Prices + Spot Silver Price Today

According to the latest Reuters Report, “Spot gold rose 1.1% ​to $4,363.01 per ounce by 01:40 p.m. EDT (1740 GMT). The metal, however, ​was down about 1.5% for the week. Spot ​silver rose 1.6% to $64.54 per ounce, but was ​down 2.6% for the week.”

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