New Delhi: Gold prices witnessed steep fall on Friday. The price of 22 carat of gold stood at Rs 46,500 per 10 grams as against its previous close of Rs 46,900. Meanwhile the price of 24 carat of gold was also trading lower. The price of 24 carat of gold stood at Rs 50,730 as against its previous close of Rs 51,690.


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Gold prices Gold slumped more than 2% to a near one-year low on Thursday as the dollar extended its sharp rally, while expectations grew for a steep interest rate hike from the Federal Reserve. Spot gold fell 1.5% to $1,710.02 per ounce by 2:02 p.m. ET (1802 GMT), after falling over 2% earlier in the session. U.S. gold futures settled down 1.7% to $1,705.8. The dollar soared to a 20-year high, emerging as a preferred save haven amid growing economic risks of late, at gold`s expense, said a Reuters report.


Here are the indicative price of 22 Carat Gold Today, 15 July 2022 (except GST, TCS, and other levies)


Chennai : Rs 46,360


Mumbai : Rs 46,500


Delhi : Rs 46,500


Kolkata : Rs 46,500


Bangalore : Rs 46,580


Hyderabad : Rs 46,500


Kerala : Rs 46,500


Ahmedabad : Rs 46,540


Jaipur : Rs 47,050


Lucknow : Rs 46,650


Patna : Rs 46,530


Chandigarh : Rs 47,650


Bhubaneswar : Rs 46,500


 


Gold price in the national capital on Thursday dropped by Rs 163 to Rs 50,314 per 10 grams amid decline in international precious metal prices. In the previous trade, the yellow metal finished at Rs 50,477 per 10 grams. Silver also dipped by Rs 195 to Rs 56,254 per kg from Rs 56,449 per kg in the previous trade.


 


(Disclaimer: The prices are just indicative collected from various sources. You must collate the price with your jeweller before investing/purchasing.)