Gold jumps Rs 100, silver up by Rs 500, yellow metal trading at Rs 59,230

The price of 22-carat gold also rose by Rs 100, with the yellow metal selling at Rs 54,300

gold, precious metal, gold ingot, gold brick
Photo: Bloomberg
BS Web Team New Delhi
2 min read Last Updated : Aug 24 2023 | 8:30 AM IST
The price of 24-carat gold rose by Rs 100 during Thursday's early trade, with ten grams of the metal selling at Rs 59,230, according to data from the GoodReturns website. Silver too witnessed a jump of Rs 500 with 1 kg of the metal selling at Rs 75,300.

The price of 22-carat gold also rose by Rs 100, with the yellow metal selling at Rs 54,300.

The price of ten grams of 24-carat gold in Mumbai is at par with that in Kolkata and Hyderabad, at Rs 59,230.

The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 59,400, Rs 59,230, and Rs 59,630, respectively.

The price of ten grams of 22-carat gold in Mumbai is at par with that of gold in Kolkata and Hyderabad, at Rs 54,300.

The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 54,450, Rs 54,300, and Rs 54,660, respectively.

US gold prices hovered near two-week highs on Thursday, lifted by a retreat in the US dollar and Treasury yields as investors waited to see what interest rate signals the US Federal Reserve could send at its annual Jackson Hole meeting.

One kg of silver is currently trading at Rs 75,300 in Delhi and Mumbai.

In Chennai, 1 kg of silver is trading at Rs 78,500.

(With inputs from Reuters)
*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

More From This Section

Topics :Gold PricesSilver Pricesgold and silver pricesgold silver pricesMarket news

First Published: Aug 24 2023 | 8:30 AM IST

Next Story