Gold rates on Saturday have gone up following the global rates. On MCX, the gold rates have increased by Rs. 120 to Rs. 52,990 while the silver rates are at Rs. 61,200. The gold rates have increased according to global markets where the investors had catched up the profits amid US stimulus bill.
In Delhi, the price of 22-carat gold down by Rs. 260 to Rs. 49,210 per 10 gm and that of 24 carat gold are up by Rs. 240 to Rs. 53,680 In Chennai, the gold rate was at Rs 48,380 with a hike of Rs. 110 per ten gram of 22-carat gold and that of 24 carat is at Rs. 52,780 with a hike of Rs. 110. The gold rates in Kolkata has increased by Rs. 210 to Rs 49,770 per 10 gram of 22 carat and the rate of ten grams of 24 carat is at Rs. 52,680 with a hike of Rs. 210. In Mumbai, the gold rates have been at Rs. 49,300 and Rs. 50,300 per ten grams of 22 carat and 24 carat respectively with a hike of Rs. 400.