Gold price falls ₹10 to ₹1,52,830; silver down ₹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 ₹1,52,830, 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 ₹1,40,090. 

 

The price of ten grams of 24-carat gold stood at ₹1,52,830 in Mumbai, Kolkata, Hyderabad and ₹1,53,810 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,52,980.

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,40,090, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,40,990 in Chennai.

                 

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,40,240. 

  

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 ₹2,64,900.

 

US gold prices fell to a near one-week low on Monday, pressured by a stronger dollar, while a surge in energy prices fuelled inflation worries and dampened expectations for US Federal Reserve interest rate cuts this year.

 

Spot gold was down 1.1 per cent at $4,694.30 per ounce by 0100 GMT, its lowest level since April 7. US gold futures for June delivery fell 1.4 per cent to $4,717.80.

 

Among other metals, spot silver fell 1.9 per cent to $74.45 per ounce, platinum lost 1.3 per cent to $2,019.35, while palladium gained 0.7 per cent to $1,531.50. 

 

(with inputs from Reuters)