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    Gold Rate Today, August 13: Yellow Metal Rises On MCX | Check Rates In Your City | Savings and Investments News

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    Gold Prices Today, August 13: In Mumbai, the price of gold stands at Rs 92,940 per 10 grams for 22-carat and Rs 1,01,390 per 10 grams for 24-carat.

    Gold Prices Today, August 13.

    Gold Prices Today, August 13.

    Gold, Silver Prices In India Today, August 13: Gold prices rise on Wednesday, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September. In Mumbai, the price of gold stood at Rs 92,940 per 10 grams for 22-carat and Rs 1,01,390 per 10 grams for 24-carat.

    The price of silver stood at Rs 1,14,900 per kg.

    In the futures market on the MCX, gold futures (expiring on August 5, 2025) rose 0.08% to trade at Rs 1,00,238 per 10 gram, while silver (expiring on September 5, 2025) was trading higher by 0.53% at Rs 1,14,343 per kg.

    What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On August 13?

    City 22K Gold (per 10gm) 24K Gold (per 10gm)
    Delhi Rs 93,090 Rs 1,01,540
    Jaipur Rs 93,090 Rs 1,01,540
    Ahmedabad Rs 93,800 Rs 1,01,440
    Patna Rs 92,990 Rs 1,01,440
    Mumbai Rs 92,990 Rs 1,01,390
    Hyderabad Rs 92,940 Rs 1,01,390
    Chennai Rs 92,940 Rs 1,01,390
    Bengaluru Rs 92,940 Rs 1,01,390
    Kolkata Rs 92,940 Rs 1,01,390

    International Gold Prices

    In the international market, gold edged higher on Wednesday, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September, while investors focused on this week’s US-Russia talks over the war in Ukraine.

    Spot gold was up 0.2% at $3,351.46 per ounce, as of 0239 GMT. US gold futures for December delivery gained 0.1% to $3,401.60.

    The summit between U.S. President Donald Trump and Russian President Vladimir Putin “is a listening exercise for the president,” the White House said on Tuesday, tempering expectations for a quick Russia-Ukraine ceasefire deal.

    Data released on Tuesday showed that the US Consumer Price Index (CPI) rose 0.2% in July, following a 0.3% increase in June. On a year-over-year basis, the CPI climbed 2.7%.

    The dollar index extended declines, making greenback-denominated assets more affordable to holders of other currencies.

    Markets are pricing in about a 90% chance of a Federal Reserve rate cut in September, with at least one additional reduction expected by the end of the year. Non-yielding gold thrives in a low-interest-rate environment.

    What Factors Affect Gold Prices In India?

    International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.

    In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.

    With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.

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    Mohammad Haris

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

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