Gold prices today in your city: Check prices in Mumbai, Bengaluru, Chennai, Hyderabad, New -Delhi and Kolkata on May 11 | Einsmark news
Gold prices in your city, May 11: Gold prices are expected to keep close to its peak this week amid geopolitical tensions, pending trading talks, and as investors seek safe haven to isolate their portfolios of global market shocks. Trade discussions between the United States and China, appreciation for rupee and the depreciation of the US dollar, and recent geopolitical developments, including rising tensions between India and Pakistan and renewed intensity in Israeli action in Gaza, raised gold prices over the past week. Safe Haven Inescent: Should you buy gold, silver? Experts believe that commodities (gold and silver) in these erratic markets have emerged the safe investment of Safe Haven, but that there should be careful. According to Jateen Trivedi of LKP Securities, trade optimism and geopolitical tension have supported, adding that he expects gold prices to remain “probably a range between £ 94,500 and £ 97,500, with a greater volatility expected to vary the risk sentiment.” In terms of returns, the gold costs jumped 30 percent a year-on-year (Yoy) and yielded 15 percent CAGR since 2001. The yellow metal has also beat inflation by more than 2-4 percent since 1995, according to data. Gold prices Today: Checking the gold rates in India – May 11 opened today on May 11 at 8 o’clock/lower. The MCX Gold index was at £ 96,535/10 GM, the official website showed. Meanwhile, the MCX Silver Prices were at £ 96,748/kg, this showed. Furthermore, 24-carat gold was priced at £ 96,890/10 g, according to the data on the Indian Bullion Association (IBA) on May 11. Furthermore, 22 carat is gold at £ 88,816/10 g. And, silver prices are at £ 96,880/kg (Silver 999 fine) today, according to the IBA website. Here’s how many gold and silver in Indian cities – Chennai, Bengaluru, Hyderabad, Mumbai, Kolkata and Delhi today, on May 11. Golden and Silver Prize in Chennai – May 11 Gold Bullion Cates in Chennai – £ 97,000/10 GM. MCX -Gold rate in Chennai – £ 96.890/10 g. Silver Bullion figure in Chennai – £ 96.980/kg. MCX Silver 999 Tariff in Chennai – £ 96.880/kg. Gold and Silver Prices in Bengaluru – May 11 Gold Bullion Cates in Bengaluru – £ 96,790/10 g. MCX -Gold rate in Bengaluru – £ 96,890/10 g. Silver Bullion figure in Bengaluru – £ 96,780/kg. MCX Silver 999 Tariff in Bengaluru – £ 96.880/kg. Gold and Silver Prices in Hyderabad – May 11 Gold Bullion Cates in Hyderabad – £ 96,870/10 g. MCX -Gold rate in Hyderabad – £ 96,890/10 g. Silver Bullion figure in Hyderabad – £ 96.860/kg. MCX Silver 999 Tariff in Hyderabad – £ 96.880/kg. Gold and silver prices in Mumbai – May 11 Gold Bullion Rates in Mumbai – £ 96.710/10 g. MCX -Gold Tariff in Mumbai – £ 96.890/10 g. Silver Bullion figure in Mumbai – £ 96,700/kg. MCX Silver 999 Tariff in Mumbai – £ 96.880/kg. Gold and Silver Prices in Kolkata – May 11 Gold Bullion Cates in Kolkata – £ 96,590/10 g. MCX -Goue Rate in Kolkata – £ 96,890/10 g. Silver Bullion figure in Kolkata – £ 96,570/kg. MCX Silver 999 Tariff in Kolkata – £ 96.880/kg. Gold and Silver Prices in Delhi – May 11 Gold Bullion Cates in New -Delhi – £ 96.550/10 g. MCX -Gold Rate in New -delhi -£ 96.890/10 g. Silver Bullion Rate in New -Delhi – £ 96,540/kg. MCX Silver 999 Tariff in New -Delhi – £ 96.880/kg. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, and not of currency. We advise investors to check with certified experts before making investment decisions.