Gold Price Today: The price of 24 carat gold increased by Rs 10 at the start of the session on Saturday, with ten grams of the precious metal trading at Rs 77,680 according to the GoodReturns website. The price of silver fell by Rs 100, with a kilogram of the precious metal selling at Rs 94,900.
The price of 22 carat gold also increased by Rs 100, with ten grams of the yellow metal selling at Rs 71,210.
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The price of ten grams of 24 carat gold in Mumbai is in line with the prices in Kolkata and Chennai at Rs 77,680.
In Delhi, Bengaluru and Chennai, the price of ten grams of 24 carat gold stood at Rs 77,7830, Rs 77,680 and Rs 77,680 respectively.
In Mumbai, the price of ten grams of 22 carat gold is the same as in Kolkata and Hyderabad, at Rs 71,210.
In Delhi, the price of ten grams of 22 carat gold was Rs 71,360 and in Bangalore and Chennai, ten grams of 22 carat gold was trading at Rs 71,210.
The price of a kilogram of silver in Delhi is in line with the prices in Kolkata and Mumbai at Rs 94,900.
The price of one kilogram of silver in Chennai stood at Rs 1,01,900.
Gold prices in the United States remained stable on Friday, but fell slightly for the week, as market attention shifted to a crucial US jobs report, in order to get a clearer picture of the Federal Reserve’s planned interest rate cut next month.
Spot gold was steady at $2,657.13 an ounce at 0034 GMT.
Spot silver edged down 0.1 percent to $32.03 an ounce, platinum gained 0.4 percent to $994.30 and palladium rose 0.5 percent to 1 005.25 dollars.
(With inputs from Reuters)
First publication: October 5, 2024 | 7:47 a.m. STI