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Gold is becoming very expensive in India, then gold shopping in Dubai has become cheaper, know the latest rates

Dubai Gold Rate Today: Today gold is getting much cheaper in Dubai than in India. Since the price of gold in India has come to a high level of 9 months only yesterday, buying gold in India at this time is going to be an expensive deal. Today one gram of gold is available in Dubai for 218.75 Dirham and if you see it in Indian Rupee, you will have to spend Rs 4928.28 for this.

24K Gold Rate in Dubai (in both Dirham and Rupee)

You can get 10 grams of 24 carat gold in Dubai for 2187.50 Dirham (UAE currency) and its price in Indian Rupee has come down to Rs 49282.78 per 10 grams. At present, the price of 10 grams of gold in India has come down to Rs.54901 per 10 grams. Therefore, buying gold from Dubai can be a profitable deal for you. Buying gold in Indian currency will cost you less.

What is the gold price in India today

Today gold has reached close to Rs 55,000 on the Multi Commodity Exchange and is currently available at the rate of Rs 54940. This gold rate is for its February futures. Today a rise of Rs 42 or 0.08 per cent is being seen in gold.

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trading strategy for gold

Dr. Ravi Singh, VP, Head of Research, SHARE India It says that after gold opening between Rs 54900-54950 today, levels of Rs 54700-55200 can be seen in it during the day. Today the outlook for gold is of the upper realm only.

what should be the strategy for gold

To buy: Buy above Rs 55000, target Rs 55200, stop loss Rs 54900

To Sell: Sell below Rs 54700, target Rs 54500, stop loss Rs 54800

Support 1- 54500
Support 2- 54100
Resistance 1- 55145
Resistance 2- 55390

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