Gold down Rs 10 at Rs 77,440; silver dips Rs 100, trading at 95,900/kg

Gold Price Today: The price of 24-carat gold fell Rs 10 in early trade on Wednesday, with ten grams of the precious metal trading at Rs 77,440 according to the GoodReturns website. The price of silver also fell Rs 100, with one kilogram of the precious metal selling at Rs 95,900.

The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,990.

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad at Rs 77,440.

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 77,590, and Rs 77,440 respectively.

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 70,990.

In Delhi, the price of ten grams of 22-carat gold stood at Rs 71,140 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 70,990.

The price of one kilogram of silver in Delhi is in line with prices in Kolkata and Mumbai at Rs 95,900. 

The price of one kilogram of silver in Chennai stood at Rs 101,900.

US gold prices held steady on Wednesday as traders awaited cues on US interest rate policy from the minutes of the Federal Reserve's latest meeting.

Spot gold held its ground at $2,622.24 per ounce by 0020 GMT, after falling more than 1 per cent in the previous session.

Spot silver lost 0.2 per cent to $30.63 per ounce. Platinum rose 0.6 per cent to $955.90 and palladium fell 0.3 per cent to $1,018.78.

(With inputs from Reuters)