Gold price rises Rs 10 to Rs 72,060, silver rises Rs 100 to Rs 84,100
In Mumbai, the price of ten grams of 22-carat gold is comparable to that in Kolkata and Hyderabad at Rs 66,060.
Gold price today: The price of 24-karat gold rose by Rs 10 in early trade on Tuesday, with ten grams of the precious metal trading at Rs 72,060, according to the Good return website. The price of silver rose Rs 100, with one kilogram of the precious metal selling for Rs 84,100.
The price of 22-carat gold also rose by Rs 10, while the yellow metal was sold at Rs 66,060.
The price of ten grams of 24-carat gold in Mumbai at Rs 72,060 is in line with the prices in Kolkata and Hyderabad.
In Delhi, Bengaluru and Chennai, the price of ten grams of 24-carat gold was Rs 72,210, Rs 72,060 and Rs 72,120 respectively.
In Mumbai, the price of ten grams of 22-carat gold is comparable to that in Kolkata and Hyderabad at Rs 66,060.
In Delhi, Bengaluru and Chennai, the price of ten grams of 22-carat gold was Rs 66,210, Rs 66,060 and Rs 66,110 respectively.
The price of one kilogram of silver in Delhi at Rs 84,100 is in line with the silver price in Mumbai and Kolkata.
The price of one kilogram of silver in Chennai was Rs 87,600.
American gold Prices rose for a second session on Tuesday after recent economic data raised expectations that the Federal Reserve would cut interest rates later this year.
Spot gold rose 0.2 percent to $2,327.11 an ounce as of 0034 GMT. U.S. gold futures rose 0.2 percent to $2,336.20.
Silver fell 0.1 percent to $27.44 an ounce, platinum rose 0.5 percent to $958.90 and palladium rose 0.4 percent to $981.34.
(With input from Reuters)
First print: May 07, 2024 | 08:00 IST