Gold price today: On the one hand, after a long meeting that lasted for the last two days in Geneva, there was a consensus on the trade agreement between the US and China, the tension on the India Pakistan border has reduced after the second ceasefire. After this, on Monday, the prices of both gold and silver have seen a decline amid the strength in the dollar.

Fresh sense of your city

Let us know today, on which price gold and silver are trading in the market in your city on May 12.

In Mumbai, 24 carat gold is being sold at Rs 9,867 per 10 grams and 22 carat gold is being sold at Rs 9,044. Talking about the national capital Delhi, 24 carat gold is trading at the rate of Rs 9,882 and 22 carat gold at the rate of Rs 9,059 per 10 grams. In Chennai, 24 carat gold is being sold at Rs 9,867, while 22 carat gold is being sold at the rate of Rs 9,044. While 24 carat gold in Bengaluru is being sold at Rs 9,867, while 22 carat gold is being sold at the rate of Rs 9,044 per 10 grams.

In Kolkata, 24 carat gold is being sold at Rs 9,867 while 22 carat gold is being sold at Rs 9,044 per 10 grams. At the same time, 24 carat gold in Bengaluru is trading at Rs 9,867 while 22 carat gold is trading at the rate of Rs 9,044.

Positive trends from America China trade deal

Talking about Ahmedabad, 24 carat gold is trading at Rs 9,866 per 10 grams while 22 carat gold is trading at Rs 9,044. Market experts believe that despite the fall in their prices recently, geopolitical tension, US inflation figures released on Tuesday and central bank policies will see further impact on this.

Significantly, this decline in gold and silver has come amidst the positive trends in the global market and the expectations being expressed by investors. In the initial Asian trade, the price of spot gold has fallen by 1.4 percent to $ 3,277.68 an ounce. Whereas, US Gold Futures slipped 1.9 percent to $ 3,281.40. This decline in yellow metal has come after consent on American and China trade deal. It is expected that a common statement can be issued today by both these economic superpowers of the world.

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