Gold Rate Today, 09 May 2021: Gold Price Trades Below ₹ 45000. Check Latest Price of 22k …

Gold Rate Today: Gold prices on Sunday continued the northward trend, however, remained below Rs 45,000 per 10 grams. The yellow metal rates were increased Rs 1000 per 100 gram, the Good Returns website showed.

In cities like Hyderabad, Bengaluru, Thiruvananthapuram, the precious metal was trading at Rs 44,600 .

Readers must note that the prices of gold and silver vary across the country owing to the excise duty, state taxes, and other levies.

According to a report by Motilal Oswal Institutional Equities, total consumer demand for gold in India, which includes jewellery, bars, and coins, witnessed a 37.4 per cent year on year growth in 1QCY21 to 140 ton.

Demand for jewellery remained robust in India, with volumes up 38.3% YoY to 102.5 tons in 1QCY21.

…Read the full story