Gold price today: Yellow metal marginally up; SELL call - price target | Check rates in your city
Gold and Silver Rate Today: Gold October Futures on Multi Commodity Exchange (MCX) were trading 0.23 per cent up at Rs 49,263 per 10 grams. Meanwhile, rupee today appreciated 37 paise to 81.30 against the US dollar in early trade.
Gold and Silver Rate Today: Gold remained under the pressure on Tuesday, September 27, as the precious metal was seen trading under the psychologically important level of Rs 50000. At 11:30 am, Gold October Futures on Multi Commodity Exchange (MCX) were trading 0.23 per cent up at Rs 49,263 per 10 grams.
On the other hand, Silver advance around 0.70% to comfortably sit above 55,700.
Gold October Futures SELL by TradeBull Securities
Sell - Rs 49,300
Price target - Rs 49,000
Stop loss - Rs 49,450
Meanwhile, rupee today appreciated 37 paise to 81.30 against the US dollar in early trade. According to Sriram Iyer, senior research analyst at Reliance Securities, the rupee appreciated against the greenback as the dollar took a breather, according to a PTI report.
According to experts, focus will now shift to RBI's upcoming MPC meeting, with decision due on Friday.
"Most Asian and emerging market peers have started mixed, but a positive start in the equity futures could aid sentiments. The dollar index was marginally weaker, while the Euro, Sterling and the Yen strengthened against the greenback in this Tuesday morning trade," PTI said quoting Iyer.
In the domestic equity market, the 30-share BSE Sensex was trading 176.91 points or 0.31 per cent up at 57,322.13 and the broader NSE Nifty rose 55.95 points or 0.33 per cent to 17,072.25, said PTI.
Gold rates city-wise today, September 27, for 22 Carat:
Chennai : Rs 46,100
Mumbai : Rs 45,800
Delhi : Rs 45,950
Kolkata : Rs 45,800
Bangalore : Rs 45,850
Hyderabad : Rs 45,800
Kerala : Rs 45,800
Ahmedabad : Rs 45,850
Lucknow : Rs 45,950
Patna : Rs 45,830
Chandigarh : Rs 45,950
Bhubaneswar : Rs 45,800
(Disclaimer: These are indicative prices collected from trusted sources. Investors are advised to check prices with their jeweller before investing/purchasing.)
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