Gold down Rs 10 at Rs 76,630; silver dips Rs 100, trading at 93,900/kg

The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,240

Gold
In Delhi, the price of ten grams of 24-carat gold stood at Rs 76,780 (Photo: Shutterstock)
BS Web Team New Delhi
2 min read Last Updated : Oct 11 2024 | 8:14 AM IST
Gold Price Today: The price of 24-carat gold fell Rs 10 in early trade on Friday, with ten grams of the precious metal trading at Rs 76,630 according to the GoodReturns website. The price of silver also fell Rs 100, with one kilogram of the precious metal selling at Rs 93,900.

The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,240.

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad at Rs 76,630.

In Delhi, the price of ten grams of 24-carat gold stood at Rs 76,780 while Rs 76,630 in Bengaluru, and Chennai.

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 70,240.

In Delhi, the price of ten grams of 22-carat gold stood at Rs 70,390 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 70,240.

The price of one kilogram of silver in Delhi is in line with prices in Kolkata and Mumbai at Rs 93,900. 

The price of one kilogram of silver in Chennai stood at Rs 99,900.

US Gold prices edged higher on Friday after recent data supported bets for a Federal Reserve interest rate cut next month, while market participants focussed on the US Producer Price Index (PPI) report for further direction.
 
Spot gold rose 0.3 per cent to $2,636.13 per ounce by 0153 GMT but was down about 0.6 per cent for the week. US gold futures rose 0.5 per cent to $2,653.40.

Spot silver edged 0.1 per cent higher to $31.21 per ounce. Platinum climbed 0.7 per cent to $974.20, while palladium inched up 0.8 per cent to $1,077.70.


(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 Gold PricesSilverSilver Pricesgold and silver prices

First Published: Oct 11 2024 | 7:51 AM IST

Next Story