Gold price climbs Rs 10 to Rs 69,830, silver rises Rs 100 to Rs 86,600

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,010

gold price
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 69,830.
BS Web Team New Delhi
2 min read Last Updated : Aug 01 2024 | 7:31 AM IST
Gold Price Today: The price of 24-carat gold climbed Rs 10 in early trade on Thursday, with ten grams of the precious metal selling at Rs 69,830, according to the GoodReturns website. The price of silver rose Rs 100, with one kilogram of the precious metal selling at Rs 86,600.

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,010.

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 69,830.

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 69,980, Rs 69,830, and Rs 70,050, respectively.

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 64,010.

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 64,160, Rs 64,010, and Rs 64,210, respectively.

The price of one kilogram of silver in Delhi is in line with the silver price in Mumbai and Kolkata at Rs 86,600.

The price of one kilogram of silver in Chennai stood at Rs 91,100.

US gold prices hovered near a two-week high on Thursday as US Federal Reserve Chair Jerome Powell held interest rates steady but opened the door to cutting rates as early as September.

Spot gold was steady at $2,446.68 per ounce, as of 0020 GMT, but hovered near its highest level since July 18 hit in the previous session. US gold futures climbed 0.7 per cent to $2,491.30.

Spot silver was flat at $29.05 per ounce, platinum steadied at $976.17 and palladium edged 0.4 per cent higher to $929.

(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 SilverGold PricesSilver Pricesgold silver pricesgold and silver pricesIndia gold demandSilver demandgold silver demandbullionBullion industry

First Published: Aug 01 2024 | 7:30 AM IST

Next Story