Gold Price Today: The price of 24-carat gold fell by Rs 10 in early trade on Tuesday, with ten kilos of the precious metal trading at Rs 73,020, according to the Good Returns website. The price of silver jumped by Rs 100, with one kilogram retailing for Rs 88,600.
The price of 22-carat gold dipped by Rs 10, with ten grams of the yellow metal selling for Rs 66,930. Ten grams of 24-carat gold in Mumbai costs Rs 73,020, which is comparable to the pricing in Kolkata and Hyderabad. In Delhi, Bengaluru, and Chennai, ten grams of 24-carat gold cost Rs 73,170, Rs 73,020, and Rs 73,020, respectively.
Ten grams of 22-carat gold in Mumbai costs Rs 66,930, the same as it does in Kolkata and Hyderabad. In Delhi, Bengaluru, and Chennai, ten grams of 22-carat gold cost Rs 67,080, Rs 66,930, and Rs 66,930. One kilogram of silver in Delhi costs 88,600, which is the same price as in Kolkata and Mumbai.
The price of one kilogram of silver in Chennai was Rs 93,600. US gold prices were little changed Wednesday, but they remained close to a record high set last week on expectations of immediate US rate cuts and safe-haven demand fueled by the Middle East turmoil.
Spot gold was unchanged at $2,524.88 per ounce as of 0033 GMT. On August 20, bullion reached a record high of $2,531.60. Spot silver remained unchanged at $29.99 per ounce, while platinum rose 0.6% to $959.21 and palladium increased 0.2% to $971.95.