Gold And Silver Prices Today On April 30: In advance of Wednesday’s Federal Open Market Committee decision, domestic precious metal futures traded under pressure on Tuesday.
During the month of April 30, gold prices remained stable at around Rs 72,000. Pure 24-carat gold was valued at Rs 72,590 per 10 grams, while 22-carat gold was valued at Rs 66,540. Silver prices also fell to Rs 83,900 per kilogram during the same period.
At the last count, MCX gold futures (Jun 5) were down 0.37 percent or Rs 267 at Rs 71,335 per 10 grams. Meanwhile, MCX silver futures (May 3) were down 0.63 percent or Rs 511 at Rs 80,341.
Gold And Silver Prices Today On April 30
| CITY | 22 CARAT GOLD PRICE | 24-CARAT GOLD PRICE |
| Chennai | 67,390 | 73,520 |
| Kolkata | 66,540 | 72,590 |
| Gurugram | 66,690 | 72,740 |
| Lucknow | 66,690 | 72,740 |
| Bengaluru | 66,540 | 72,590 |
| Jaipur | 66,690 | 72,740 |
| Patna | 66,590 | 72,640 |
| Bhubaneshwar | 66,540 | 72,590 |
| Hyderabad | 66,540 | 72,590 |
On the international market, COMEX gold fell 0.73 percent to $2,340.6 per ounce.
On the back of hawkish Fed pivot expectations and contained geopolitical tensions, yellow metal is expected to trade with a bearish bias in the near term.
“Support is at $2300/$2290/$2265, and resistance is at $2350/$2400,” said Praveen Singh, Associate Vice President, Fundamental Currencies and Commodities, Sharekhan by BNP Paribas.
Gold holds a lot of cultural significance in India, serving as an investment and a traditional wedding gift.
Traders and investors closely monitor these dynamics amid ongoing market fluctuations. Stay tuned for more updates.
Also Read: Gold And Silver Prices Today On April 29: Check Rates In Your City
