The 24 carat Gold price is rise by ₹10 in early trade. Ten grams of the precious metal is now priced at ₹1,15,700, as per GoodReturns website. Silver also increased by ₹100, with one kilogram selling at ₹1,40,100. The price of 22-carat gold went up by ₹10. 10 grams of the yellow metal is selling for ₹1,06,060.
In Mumbai and Kolkata, ten grams of 24-carat gold is priced at ₹1,15,700, while in Chennai it is at ₹1,16,090. In Delhi, the price of ten grams of 24-carat gold is ₹1,15,850. For ten grams of 22-carat gold, Mumbai’s price is ₹1,06,060, the same as in Kolkata, Bengaluru, and Hyderabad; in Chennai, it is ₹1,06,410.
22 carat Gold price rise from ₹10 to ₹1,15,700
In Delhi, ten grams of 22-carat gold is priced at ₹1,06,210. The price of 1 kgs of silver is ₹1,40,100 in Delhi, Kolkata, and Mumbai. In Chennai, one kilogram of silver costs ₹1,50,100.
US gold stayed near a record high on Wednesday as investors considered US Federal Reserve Chair Jerome Powell’s cautious comments about interest rate cuts. They are also waiting for a key inflation report coming later in the week for further policy signals.
Silver price also rise
Spot Gold price remained steady at $3,762.05 per ounce as of 0052 GMT. Bullion hit a record high of $3,790.82 on Tuesday. US gold futures for December delivery dropped by 0.6 % to $3,794.50. Spot silver was steady at $44.02 per ounce, platinum remained unchanged at $1,478.15, and palladium fell by 0.4 % to $1,214.78.
Read also: India’s Auto Sales Smash Records on Navratri with GST 2.0 Rate Cuts