India observes Akshaya Tritiya on May 3 and this year, the festival coincides with Eid ul-Fitr. After a two-year hiatus owing to the Covid-19 outbreak, the country is commemorating both holidays with considerable pomp and display. Buying gold is regarded as a lucky task on the day, among other things. So, before you go out and buy gold, check out the current gold rates.

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The gold rates in Delhi for 10 grams of 22-carat have remained at Rs. 47,200 and that of 10 grams of 24-carat gold is at Rs. 51,510, according to the Goodreturns website. The gold rate in Chennai per 10 gram of 22 carats is Rs 48,160 and the gold rate of 24-carat is Rs. 52,540.

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The gold rate in Kolkata per 10 grams of 22 carats is Rs. 47,200 and the rate of 10 grams of 24 carats is Rs. 51,510. The gold rates in Mumbai per 10 grams of 22 carats have been at Rs. 47,200 and Rs. 51,510 per 10 grams of 24 carats. The silver rates have been at Rs. 62,300 in Kolkata, Delhi and Mumbai and the rate of silver in Chennai is at Rs. 67,000.

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The gold rate in Bangalore city for 10 grams of 22-carat is Rs. 47,200 and the gold rate of 10 grams of 24-carat is Rs. 51,510. The gold rates in Hyderabad are held at Rs 47,200 per 10 gram of 22 carats and 10 grams of 24-carat gold is at Rs. 51,510.

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Gold rates in Kerala per 10 gram of 22-carat are at Rs. 48,200 and the gold rate of 10 grams of 24 carats are at Rs. 51,510. The gold rates in Visakhapatnam are at Rs. 47,200 per 10 gram of 22 carats and 10 grams of 24-carat gold is at Rs. 51,510. On the other hand, silver rates in Hyderabad, Kerala and Visakhapatnam per one kilogram have been at Rs. 67,000 and at Bangalore also, the silver rates closed at Rs. 67,000.

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Gold prices on the Multi Commodity Exchange (MCX) closed marginally down on Monday, April 02, 2022. Gold futures closed at Rs 50,650.00 per 10 gm, down 1104 points or 2.13%, in the Indian market. Silver futures concluded at Rs 62,970.00 per kg, down 1379 points or 2.14%.

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In global markets, gold was priced at $1,859.21 per oz while Silver is priced at $22.57. Platinum was trading at $937.39 while palladium was trading at $2,233.66. 

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In the spot market, the 22-carat gold was sold at Rs 50,100 per 10 grams while silver was priced at Rs 62,950 per kg on Monday according to the Indian Bullion and Jewellers Association.  

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Copper futures closed at Rs 762.25 up 2.63% while Natural Gas and Aluminium futures concluded at Rs 571.60 and Rs 245.90 per Kg respectively on MCX.