 "Gold price slips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,400")
Gold Price Today: The price of 24-carat gold dipped Rs 10 in early trade on Monday, May 27, with ten grams of the precious metal selling at Rs 72,430, according to the GoodReturns website. The price of silver also fell Rs 100, with one kilogram of the precious metal selling at Rs 91,400.
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,390.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 72,430.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 72,580, Rs 72,430, and Rs 72,590, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 66,390.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,540, Rs 66,390, and Rs 66,540, respectively.
The price of one kilogram of silver in Delhi is in line with the silver price in Mumbai and Kolkata at Rs 91,400.
The price of one kilogram of silver in Chennai stood at Rs 95,900.
US Gold prices edged up on Monday but were hovering near a two-week low hit in the previous session as investors pared expectations of a US interest rate cut after the Federal Reserve's latest meeting indicated that a delay in monetary policy easing is likely.
Spot gold rose 0.2 per cent to $2,338.85 per ounce, as of 0211 GMT. Prices hit its lowest since May 9 at $2,325.19 on Friday.
Spot silver rose 0.8 per cent to $30.59 per ounce, platinum was up 1.2 per cent at $1,037.90 and palladium gained 1.6 per cent at $979.25.
(With inputs from Reuters)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%