Gold price dips ₹10 to ₹1,54,030; silver falls ₹100, trading at ₹2,59,900

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹1,54,030, according to the GoodReturns website. The price of silver also declined by ₹100, with one kilogram of the precious metal selling at ₹2,59,900. 

 

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,190. 

 

The price of ten grams of 24-carat gold stood at ₹1,54,030 in Mumbai, Kolkata, Hyderabad and ₹1,54,900 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,54,180.

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,41,190, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,41,990 in Chennai. 

                 

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,41,340.   

    

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 fell on Monday, pressured by a firm dollar, while higher oil prices heightened ​fears of inflation and higher-for-longer interest rates as US-Iran peace talks remained stalled.

 

Spot gold was down 0.3 per cent at $4,694.26 per ounce, as of 0059 GMT. Last week, the metal lost 2.5 per cent to snap a four-week winning streak. US gold futures for June delivery fell 0.9 per cent to $4,697.60. 

 

Among other metals, spot silver fell 0.3 per cent to $75.48 per ounce, platinum lost 0.3 per cent to $2,005.15, and palladium was down 0.3 per cent at $1,492.22.

 

(with inputs from Reuters)