Gold Rate Today Rises on Economic Worries
The gold rate today on May 15, 2024, stood at ₹72,358 per 10 grams for June delivery contracts, as per the Multi Commodity Exchange (MCX), marking a gain of ₹61 or 0.08% compared to the previous close.
The climb in the gold prices have hinted towards a positive session for the yellow metal, as it recently witnessed high volatility driven by the factors such as the movement in U.S. dollar and also the U.S. CPI, which is due soon.
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 ₹74,529 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.
