Gold price climbs ₹10 to ₹ 1,23,940; silver up ₹100, trading at ₹1,60,100

Gold Price Today: The price of 24-carat gold rose ₹10 in early trade on Thursday, with ten grams of the precious metal trading at ₹1,23,940, according to the GoodReturns website. The price of silver also climbed ₹100, with one kilogram of the precious metal selling at ₹1,60,100.

 

The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,13,610.

 

The price of ten grams of 24-carat gold stood at ₹1,23,940 in Mumbai and Kolkata, and at ₹1,24,210 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,24,090.

 

In Mumbai, the price of ten grams of 22-carat gold was ₹1,13,610, the same as in Kolkata, Bengaluru, and Hyderabad; in Chennai, it stood at ₹1,13,860.

     

In Delhi, the price of ten grams of 22-carat gold stood similar to the price in Chennai at ₹1,13,760.

        

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,60,100. 

  

The price of one kilogram of silver in Chennai stood at ₹1,70,100.

 

US gold eased on Thursday, as investors booked profits a day after bullion breached the crucial $4,000-per-ounce level to hit a record high on economic and geopolitical uncertainties and hopes of additional US interest rate cuts.

 

Spot gold fell 0.4 per cent to $4,021.99 per ounce as of 0117 GMT, after hitting a record high of $4,059.05 on Wednesday.

 

US gold futures for December delivery fell 0.7 per cent to $4,042.60.

 

Elsewhere, spot silver added 0.1 per cent to $48.91 per ounce, after hitting an all-time high of $49.57 on Wednesday.

 

Platinum slipped 0.7 per cent to $1,650.60 and palladium dropped 1 per cent to $1,435.25.

 

(with inputs from Reuters)