 "Gold price rises Rs 10 to Rs 57,990, silver price unchanged at Rs 68,500")
Gold prices rose Rs 10 from yesterday's close during Wednesday's early trade with 10 grams of 24 carat gold trading at Rs 57,990, according to the GoodReturns website. Silver prices remained unchanged with 1 kg of the precious metal selling at Rs 68,500.
The price of ten grams of 22 carat gold went up by Rs 10 to trade at Rs 53,160.
The price of ten grams of 22 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 53,160.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 53,310, Rs 53,210, and Rs 53,910, respectively.
The price of ten grams of 24 carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 57,990.
The price of ten grams of 24 carat gold in Delhi, Bengaluru, and Chennai is Rs 58,140, Rs 58,040, and Rs 58,810, respectively.
US gold prices edged down on Wednesday due to an uptick in the US dollar and bond yields, while investors assessed the Federal Reserve's rate-hike trajectory after a closely-watched consumer prices report showed still-high inflation.
Spot gold was down 0.1 per cent at $1,901.24 per ounce, as of 0052 GMT, having briefly slipped below the key $1,900 level earlier in the session. US gold futures fell 0.3 per cent to $1,905.30.
(With inputs from Reuters)
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%