Gold Price: Russia-Ukraine war led to rise in Gold prices

The yellow metal saw a rise in prices in almost all major cities of the country. For example, according to a report by Good Returns, gold was priced at Rs 10,000 per 100 grams on Thursday (March 3) across all cities in the country.

New Delhi: On the Multi Commodity Exchange (MCX) today, gold stood at Rs 51,788 on March 3, with a jump of nearly 1% in the backdrop of Russia-Ukraine war and rising oil prices.

The yellow metal saw a rise in prices in almost all major cities of the country. For example, according to a report by Good Returns, gold was priced at Rs 10,000 per 100 grams on Thursday (March 3) across all cities in the country.

According to HDFC Securities, gold prices rose by Rs 271 to Rs 51,670 per 10 grams in Delhi, in line with firmer international precious metal prices and depreciation of the rupee.

In the previous trade, gold had closed at Rs 51,399 per 10 grams on Wednesday (March 2). HDFC Securities Senior Analyst (Commodities) Tapan Patel told PTI, “Gold was trading firm at $1,932 an ounce in Comex on Thursday with the spot price of gold.”

On the other hand, silver also rose by Rs 818 to Rs 68,425 per kg from Rs 67,607 per kg in the previous trade.

Gold Price (March 3):
City 22 karat gold 24 karat gold
Chennai Rs 48,800 Rs 53,240
Mumbai Rs 47,700 Rs 52,040
Delhi Rs 47,700 Rs 52,040
Kolkata Rs 47,700 Rs 52,040
Bangalore Rs 47,700 Rs 52,040
Hyderabad Rs 47,700 Rs 52,040
Pune Rs 47,780 Rs 52,090
Ahmedabad Rs 47,750 Rs 52,090
Jaipur Rs 47,850 Rs 52,200
Lucknow Rs 47,850 Rs 52,200
Coimbatore Rs 48,800 Rs 53,240
Madurai Rs 48,800 Rs 53,240
Patna Rs 47,780 Rs 52,090
Nagpur Rs 47,800 Rs 52,140
Chandigarh Rs 47,850 Rs 52,200
Surat Rs 47, Rs 750 Rs 52,090
Mangalore Rs 47,700 Rs 52,040
Visakhapatnam Rs 47,700 Rs 52,040
Mysore Rs 47,700 Rs 52,040

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