Gold prices in Chennai experienced a decline today, May 12, 2025, following easing geopolitical tensions and improving global market sentiment.(The Economic Times)
Chennai Gold Prices:
- 24 Karat (999) Gold: ₹9,688 per gram (down ₹180 from yesterday)
- 22 Karat Gold: ₹8,880 per gram (down ₹165)
- 18 Karat Gold: ₹7,320 per gram (down ₹135)(Goodreturns)
These rates are applicable for 1 gram purchases; prices for 8 grams, 10 grams, and 100 grams are proportionally higher. Note that these figures exclude GST, TCS, and other levies. (Goodreturns)
MCX Gold Futures:
Gold futures for June 2025 on the Multi Commodity Exchange (MCX) fell over ₹4,000 to ₹92,588 per 10 grams, marking a decline of more than 4%. This drop is attributed to investors moving away from safe-haven assets amid easing global uncertainties. (mint)
The intraday low was ₹92,389, with a high of ₹95,500. The previous close was ₹96,518. (mint)
Market Factors:
- Geopolitical Developments: A ceasefire agreement between India and Pakistan and a temporary US-China trade deal have alleviated market concerns.
- Investor Behavior: The strengthening US dollar and improved global market confidence have led investors to shift from gold to equities. (mint)
Outlook:
Analysts suggest that gold prices may continue to face downward pressure if global economic conditions remain stable. Investors are advised to monitor geopolitical developments and market trends closely.
For the most accurate and up-to-date information, it’s recommended to consult local jewellers and financial advisors.
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Hey hey! Gamef88, eh? Worth a peek if you wanna try something different. Jump on over to gamef88
Your article helped me a lot, is there any more related content? Thanks!
Your article helped me a lot, is there any more related content? Thanks!
Tỷ lệ hoàn tiền có thể dao động từ 5% đến 10% tùy vào sự kiện trò cụ thể. app 888slot Điều này không chỉ giúp người tham gia giảm bớt áp lực khi thua cược mà còn tạo thêm cơ hội để họ quay lại các trận đấu giành chiến thắng. TONY01-12
Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me? https://www.binance.com/fr/register?ref=T7KCZASX
u888 có chương trình “sinh nhật vàng” – thành viên được tặng tiền cược, vòng quay miễn phí vào ngày sinh nhật. TONY01-26
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://accounts.binance.com/en/register-person?ref=JHQQKNKN
I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article. https://www.binance.com/en-ZA/register?ref=B4EPR6J0
Thanks for sharing. I read many of your blog posts, cool, your blog is very good.
Your point of view caught my eye and was very interesting. Thanks. I have a question for you.
Can you be more specific about the content of your article? After reading it, I still have some doubts. Hope you can help me. https://accounts.binance.com/uk-UA/register-person?ref=XZNNWTW7