Gold Price Today: The price of 24-carat gold dipped by Rs 10 in early trade on Monday, with ten grams selling at Rs 72,540, according to the GoodReturns website. Silver prices also fell, with a kilogram selling at Rs 90,900 after a Rs 100 decline.
For 22-carat gold, the price fell by Rs 10, now selling at Rs 66,490 per ten grams.
City-wise Gold Prices:
Mumbai, Kolkata, Hyderabad:
24-carat gold: Rs 72,540 per 10 grams
22-carat gold: Rs 66,490 per 10 grams
Delhi:
24-carat gold: Rs 72,690 per 10 grams
22-carat gold: Rs 66,640 per 10 grams
Bengaluru:
24-carat gold: Rs 72,540 per 10 grams
22-carat gold: Rs 66,490 per 10 grams
Chennai:
24-carat gold: Rs 73,140 per 10 grams
22-carat gold: Rs 67,040 per 10 grams
Silver Prices:
Delhi, Mumbai, Kolkata:
Rs 90,900 per kilogram
Chennai:
Rs 95,500 per kilogram
International Market Trends:
US gold prices saw an increase of over 1% on Friday, heading for their first weekly gain in four weeks. Signs of slowing inflation in the US have raised hopes for a rate cut later this year, which, along with a stock selloff across Europe, supported the rise in gold prices.
Spot Gold:
Up 1.3% at $2,332.55 per ounce (by 1:55 p.m. ET)
Weekly gain of 1.8%
US Gold Futures:
Settled 1.3% lower at $2,349.1
Spot Silver:
Up 1.6% at $29.46 per ounce
Platinum:
Up 0.8% at $953.99 per ounce
Palladium:
Up 1.3% at $894.50 per ounce
The rise in US gold and silver prices indicates a positive outlook driven by economic factors and market sentiments.
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