Planning To Buy Gold Today On Sunday, August 7? Check Out Gold Rates

Planning To Buy Gold Today On Sunday, August 7? Check Out Gold Rates.

This article is for you if you plan to buy gold Today, on august 7, 2022, Sunday.

Check out Rates/Prices by major regions and predictions for upcoming days.

So Today’s 22 carat Gold price is INR 47,600, just a marginal increase from yesterday.

24 Carat gold rate is INR 51,930, the same as yesterday.

Planning To Buy Gold Today On Sunday

Prediction For this week

As studying trends and estimating Gold rates this week will be shuffle +or- 300 INR.

Please note that these gold prices are just for indicative purposes and the actual prices may vary. This prediction of gold price in India intends to give an idea about the gold price trends in near future.

World

Gold and silver prices Today edged lower in Indian markets, following sharp gains in the previous session. On MCX, gold futures fell ₹100 to ₹52,055 per 10 gram after surging nearly ₹1,000 in the previous session.

Silver futures weakened 0,4% to ₹57,767 per kg. In global markets, spot gold fell 0.3% to $1,785.98 per ounce but remained on course for over 1% weekly gains.

“Gold has also benefitted from safe-haven buying amid increased tensions between US and China over Taiwan and increasing growth concerns.
However, weighing on price is hawkish comments from Fed officials, concerns about consumer demand in India and China, and continuing gold ETF outflows.

Gold has moved close to $1800/oz level after a brief correction indicating positive momentum.

However, we may see further gains only if the US jobs report disappoints and further pressurizes US dollar,” said Ravindra Rao, VP- Head Commodity Research at Kotak Securities.

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