Gold Price Today: The price of 24-carat gold dipped by Rs 10 in early trade on Monday, with ten kilos of the precious metal trading at Rs 77,660, according to the Good Returns website. The price of silver also declined by Rs 100, with one kilogram selling for Rs 96,900. The price of 22-carat gold fell by Rs 10, with ten kilos selling for Rs 71,190.
Ten grams of 24-carat gold in Mumbai costs Rs 77,660, which is comparable to the pricing in Kolkata and Hyderabad. In Delhi, Bengaluru, and Chennai, ten grams of 24-carat gold cost Rs 77,810, Rs 77,660, and Rs 77,660, respectively. Ten grams of 22-carat gold in Mumbai costs Rs 71,190, the same as it does in Kolkata and Hyderabad. Ten grams of 22-carat gold were priced at Rs 71,340 in Delhi and Rs 71,190 in Bengaluru and Chennai, respectively.
The price of one kilogram of silver in Delhi is Rs 96,900, which is comparable to costs in Kolkata and Mumbai. The price of one kilogram of silver in Chennai was Rs 1,02,900. US gold prices fell on Monday as chances increased for a lower US rate cut following a surprisingly good jobs report.
At the same time, market players waited for inflation data and remarks from Federal Reserve officials for more cues. Spot gold fell 0.1% to $2,650.79 per ounce as of 0030 GMT. US gold futures increased 0.1 percent to $2,670.20. Spot silver gained 0.3% to $32.26 per ounce. Platinum rose 0.2% to $989.92, while palladium increased 1.1% to $1,022.92.
