Gold trades lower today in Delhi, Chennai, Kolkata, Mumbai on 29 May 2021

Gold rate dips today in all major cities in Delhi, Chennai, Kolkata and Mumbai. Gold rate in Delhi for 22-carat is at Rs. 46,690 and 24-carat gold is at Rs. 50,690. The gold rate in Chennai is at Rs 45,970 per ten gram of 22 carat with a fall of Rs. 170 and 24-carat gold is at Rs. 50,170 with Rs. 130 fall.

The gold rate in Kolkata is at Rs. 48,160 per 10 gram of 22 carat with a fall of Rs. 220 and the rate of ten grams of 24 carat is at Rs. 50,740 with a fall of Rs.220. Meanwhile, the gold rate in Mumbai, the metropolitan city have been at Rs. 46,480 and Rs. 47,480 per ten grams of 22 carat and 24 carat with a fall of Rs. 120.

The gold prices mentioned here change every day. Bullion market experts says there are many reasons for the gold rate to fluctuate The change in international market currency prices, inflation, gold reserves at central banks, their interest rates, the coronavirus outbreak, the jewellery market, geographical tensions, trade wars and many other factors are said to have an impact on gold rate.