Gold Rates today – 13 May 2022

Gold Rates today | Gold prices edged lower in Indian markets after a sharp drop in the previous session.

On MCX, gold futures were down 0.03% to ₹50,158 per 10 gram while silver rose 0.3% to Rs. 58,920 per kg. In the previous session gold had dropped 1.2% while silver slumped Rs. 2,000 or 3.3%. So far this week, gold prices are down about ₹1,500 per 10 gram.

The recent correction in gold has nearly wiped out gains from a rally driven by safe-haven demand after Russia’s invasion of Ukraine in February. In early March, gold had risen closer to Rs. 56,000 levels.

Gold Rates today

In contrast with yesterday’s trend when yellow metal witnessed a hike, gold prices are retailing on the lower side of the Multi Commodity Exchange (MCX) on Friday, May 13.

Gold futures, maturing on June 3, 2022, have witnessed a downfall of Rs 59 or 0.12 per cent, and are trading at Rs 50,249 per 10 grams.

On the other hand, silver futures, maturing on July 5, 2022, are retailing at Rs 59,031 per kg, with a marginal hike of Rs 49 or 0.08 per cent.

On May 12, while gold prices recorded a hike, silver rates were retailing on the lower side of the Multi Commodity Exchange (MCX).

Gold Rates today - 13 May 2022
Gold Rates today – 13 May 2022

Notably, gold and silver prices stood at Rs 50,940 per 10 grams and Rs 60,629 per kg respectively.


Next Story:

  • Mystery Over Headless Body Found In Karimnagar  

    Mystery Over Headless Body Found In Karimnagar  

    Karimnagar/Hyderabad, March 28 (Maxim News): Mystery shrouds the death of a diploma student Ganti Abhilash (20) whose headless body was found in an agricultural well on the outskirts of Thimmapur on Wednesday evening.


  • Revanth Reddy Voted In Kodangal

    Revanth Reddy Voted In Kodangal

    Kodangal/ Hyderabad, March 28 (Maxim News): During the MLC by-election polling of Mahabubnagar Local Bodies, Chief Minister Revanth Reddy himself went to the village and exercised his right to vote.


  • ED Custody Extended For Kejriwal Till April 1: Self Argument In Court

    ED Custody Extended For Kejriwal Till April 1: Self Argument In Court

    Delhi/Hyderabad, March 28 (Maxim News): Rouse Avenue Court has extended the ED custody of Chief Minister Arvind Kejriwal, who was arrested in the Delhi Liquor scam case, for another four days.  The decision revealed that he had been handed over to ED custody till April 1.


  • Man And Woman Jumps Against Moving Train In Nirmal 

    Man And Woman Jumps Against Moving Train In  Nirmal 

    Nirmal/Hyderabad, March 28 (Maxim News): A man and woman who were reportedly in a relationship committed suicide by jumping against a running train in Baszar on Wednesday night.  The reason for their drastic step is yet to be ascertained.


  • Hot March Ahead: Temperatures Rising Across India

    Hot March Ahead: Temperatures Rising Across India

    Hyderabad: March 28 (Maxim News): As the month of March is almost over, but things are heating up across India! Normally, only a few states get super hot in March, like Maharashtra, Bihar, and Chhattisgarh, where temperatures can climb above 40 degrees Celsius (that’s 104 degrees Fahrenheit!).


Now you can get latest stories from Indtoday on Telegram everyday. Click the link to subscribe.  Click to follow Indtoday Facebook page and Twitter and on Instagram. For all the latest Hyderabad News updates

Leave A Reply

Your email address will not be published.