Gold Rate Today, August 11: Yellow Metal Falls On MCX, Check Rates In Your City

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Posted by AI on 2025-08-11 07:17:47 | Last Updated by AI on 2025-08-11 10:49:51

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Gold prices fell on the MCX today, the 11th of August. In Mumbai, the price of gold stands at Rs 93,750 per 10 grams for 22-carat and Rs 1,02,280 per 10 grams for 24-carat. This is a decline from the previous day's price of Rs 94,276 per 10 grams for 22-carat and Rs 1,02,430 per 10 grams for 24-carat. The decline in gold prices can be attributed to various factors such as the strength of the Indian rupee, which makes gold cheaper for domestic buyers, and recent trends in the global market, namely, the US dollar's recovery and slight retreat in US inflation rates.

These factors have had a cascading effect on the gold rate today across Indian cities, with the price of the yellow metal falling in other metropolitan centers such as Delhi and Kolkata. In Delhi, the price of gold stands at Rs 95,090 per 10 grams for 22-carat and Rs 1,03,590 per 10 grams for 24-carat, seeing a decline from the previous day's price of Rs 95,280 per 10 grams for 22-carat and Rs 1,03,680 per 10 grams for 24-carat. In Kolkata, the price of gold is Rs 96,090 per 10 grams for 22-carat and Rs 1,04,590 per 10 grams for 24-carat, down from Rs 96,280 per 10 grams for 22-carat and Rs 1,04,680 per 10 grams for 24-carat the previous day.

These recent trends and fluctuations in the gold rate today serve as a reminder of the volatility of the precious metal market and the importance of monitoring global economic trends.

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