Gold price climbs ₹10 to ₹1,53,170; silver down ₹100, trading at ₹2,59,900

Gold Price Today: The price of 24-carat gold rose ₹10 in early trade on Wednesday, with ten grams of the precious metal trading at ₹1,53,170, according to the GoodReturns website. However, the price of silver declined by ₹100, with one kilogram of the precious metal selling at ₹2,59,900. 

 

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,410. 

 

The price of ten grams of 24-carat gold stood at ₹1,53,170 in Mumbai, Kolkata, Hyderabad and ₹1,54,920 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,53,320.

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,40,410, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,42,010 in Chennai.

                   

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,40,560.  

 

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,59,900. 

 

The price of one kilogram of silver in Chennai stood at ₹2,69,900. 

 

US gold prices fell more than 1 per cent on Wednesday, as oil prices rose on ​renewed hostilities between the US and Iran, fuelling concerns about inflation and interest rate hikes. 

 

Spot gold fell 1.4 per cent to $4,203.20 per ounce by 0050 GMT. Bullion hit its lowest level since March 23 on Tuesday. US gold futures for ‌August delivery were down 1.4 per cent at $4,227.

 

Spot silver fell 1.4 per cent to $64.48 per ounce, platinum lost 1.5 per cent to $1,700.38, and palladium fell 0.8 per cent to $1,212.67.

 

(with inputs from Reuters)