Gold dips ₹10 to ₹1,30,140, silver tumbles ₹100, trading at ₹1,89,900

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹1,30,140, according to the GoodReturns website. The price of silver also declined by ₹100, with one kilogram of the precious metal selling at ₹1,89,900.

 

The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,19,290.

 

The price of ten grams of 24-carat gold stood at ₹1,30,140 in Mumbai and Kolkata, and ₹1,31,340 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,30,290.

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,19,290, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,20,390 in Chennai.

         

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,19,440. 

              

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,89,900.

   

The price of one kilogram of silver in Chennai stood at ₹1,98,900.

 

US gold prices edged higher on Monday, as rising expectations of a US Federal Reserve interest rate cut this week pressured the dollar.

 

Spot gold was up 0.3 per cent at $4,206.99 per ounce, as of 0118 GMT.

 

US gold futures for December delivery lost 0.2 per cent to $4,236.30 per ounce.

 

Elsewhere, silver was steady at $58.25 per ounce, platinum gained 0.3 per cent to $1,646.56, while palladium slid 0.5 per cent to $1,455.55. 

  (with inputs from Reuters)