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Gold prices today struggle, down ₹6,000 from record highs; silver higher

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Gold prices today struggle, down ₹6,000 from record highs; silver higher

Gold prices struggled today in Indian markets after posting strong gains in the previous session. On MCX, October gold futures rose 0.1% to ₹50,190 per 10 gram while silver futures gained 0.5% to ₹60,730 per kg. In the previous session, gold prices had risen 1% or ₹502 after struggling for most part of the day. Silver had surged ₹1,360 or 2.3%.

As compared to its August 7 highs of ₹56,200, gold has corrected about ₹6,000 per 10 gram. Analysts say that gold is likely to find support at lower levels given the challenges in the global economy.

In global markets, a softer US dollar supported gold prices. Spot gold rose 0.15% to $1,883.69 per ounce, after rising 1.1% in the previous session. Gold traders weighed a fresh US stimulus proposal from the Democrats while looking ahead to the first presidential debate later in the day. Ahead of the November 3 general election, President Donald Trump and former Vice President Joe Biden will square off in their first presidential debate later in the day.

The dollar index was down 0.04% against rivals after registering a sharp fall in the previous session. A weaker dollar makes gold cheaper for holders of other currencies.

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Haryana

Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024

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Delhi Weather and AQI Today: Warm start at 22.05 °C, check weather forecast for October 22, 2024

Check the weather forecast and air quality updates for Delhi on October 22, 2024 here.

The temperature in Delhi today, on October 22, 2024, is 32.93 °C. The day’s forecast indicates a minimum and maximum temperature of 22.05 °C and 35.04 °C, respectively. The relative humidity is 26% and the wind speed is 26 km/h. The sun rose at 06:26 AM and will set at 05:44 PM.

Tomorrow, on Wednesday, October 23, 2024, Delhi is predicted to experience a minimum and maximum temperature of 27.42 °C and 34.91 °C, respectively. Tomorrow humidity levels will be at 20%.

With temperatures ranging between 22.05 °C and 35.04 °C, prepare for a hot day and plan outdoor activities accordingly. If you are sensitive to heat, take note of the weather forecast and consider appropriate attire and activities suitable for the prevailing weather.

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The AQI in Delhi today stands at 334.0, falling in the very poor category. Everyone should be cautious. Children and people with respiratory diseases, such as asthma, should stay indoors and others should also limit their outdoor activities. Usage of masks and air purifying devices is advised. Being aware of the AQI helps one make informed decisions regarding one’s overall well-being while planning the day’s activities.

Weather and AQI predictions in Delhi for next 7 days:

DateTemperatureSky
October 23, 202432.93 °CSky is clear
October 24, 202432.69 °CSky is clear
October 25, 202432.5 °CSky is clear
October 26, 202432.07 °CSky is clear
October 27, 202430.69 °CSky is clear
October 28, 202431.29 °CSky is clear
October 29, 202432.09 °CSky is clear

Weather in other cities on October 22, 2024

CityTemperatureSky
Mumbai28.35 °CLight rain
Kolkata28.84 °CSky is clear
Chennai28.94 °CLight rain
Bengaluru25.53 °CModerate rain
Hyderabad27.75 °CModerate rain
Ahmedabad31.9 °CSky is clear
Delhi32.93 °CSky is clear

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