Gold price dips ₹10 to ₹1,37,990, silver price falls ₹100 to ₹2,51,900

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Friday, with ten grams of the precious metal trading at ₹1,37,990, according to the GoodReturns website. The price of silver also dropped by ₹100, with one kilogram of the precious metal selling at ₹2,51,900.

 

The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹1,26,490.

 

The price of ten grams of 24-carat gold stood at ₹1,37,990 in Mumbai and Kolkata, and ₹1,39,080 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,38,140.

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,26,490, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,27,490 in Chennai.

            

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,26,640. 

                   

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,51,900.

   

The price of one kilogram of silver in Chennai stood at ₹2,71,900.

 

US gold fell on Friday as commodity index readjustments and a firm dollar kept the pressure on prices in the near term, with investors positioning ahead of the US non-farm payrolls data later in the day.

 

Spot gold fell 0.4 per cent to $4,458.10 per ounce as of 0126 GMT. Bullion hit a record high of $4,549.71 on December 26.

  US gold futures for February delivery firmed 0.2 per cent to $4,467.60.

 

Spot silver lost 1.5 per cent to $75.71 per ounce after hitting an all-time high of $83.62 on December 29.

 

Spot platinum shed 2.9 per cent to $2,202.50 per ounce after scaling a record peak of $2,478.50 last Monday.

 

(with inputs from Reuters)