Check latest gold rates in your city on April 29, 2022. Get the best gold rate today!

Today’s Gold Rates | New Delhi: The prices of gold per 10 grams were Rs 52,960 today. For 24-carat gold, the price per 10 grams was Rs 60,920. For 22-carat, the price of 10 grams of gold is Rs 48,550 today (up by 5500%).

According to Rahul Kalantri, VP Commodities, Mehta Equities Ltd., “On Thursday, gold and silver settled on a mixed note in the international as well as domestic markets. Gold prices closed slightly positive, up by 0.14% while silver closed negative, down by 1.19%. The gold and silver bulls were trying to stop the recent price downtrend that pushed prices to nine-week lows overnight. A strong U.S. dollar and rising bond yields have been hammering the two metals recently.” He continued, “U.S. GDP report showed a surprisingly weak reading of -1.4%. That was worse than expectations for a rise of 1.0%. The gold market saw a mild rally in the aftermath of that report, but gains could not be held. The Japanese yen hit a 20-year low against the U.S. dollar as the Bank of Japan has reinforced its commitment to low interest rates despite rising Inflation. Meanwhile, the Euro currency fell to a five-year low against the dollar as soaring energy prices crimp the Euro zone economy. The U.S. dollar index is solidly up again today and hit another two-year high.”

Gold Rate Today: Check Latest Gold Rates In Your City On April 29, 2022, HereThe following prices may not match the local prices because these do not include GST, TDS and other taxes. These are the prices per 10 grams of 22-carat of gold in various cities across the country. The rates have been taken from goodreturns.in.

Gold is generally used as a hedge against inflation, high inflation rates have made gold prices highly volatile in the last few weeks.