Gold Rate Today Rises on Economic Worries
The gold rate today on May 14, 2024, the Multi Commodity Exchange (MCX) stood at ₹72,060 per 10 grams for June delivery contracts, marking a gain of ₹205 or 0.29% compared to the previous close.
The uptick in gold prices provided a positive session for the precious metal, which has witnessed volatility recently driven by factors like movements in the U.S. dollar and shifting monetary policy outlooks.
Retail Gold Rate Today
For those looking to buy gold in the market currently, the rate including 3% Goods and Services Tax (GST) will be around ₹74,222 per 10 grams. Price may vary in each city depending on demand and supply and local traders.
The rise in the gold rate today came amid volatility in the bullion market, with the yellow metal finding support from concerns over slowing economic growth and elevated inflation levels.
Check Silver Rate Today on May 14 here.
