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Gold price today at Rs 48,050 per 10 gm, silver trending at Rs 66,000 a kg

In New Delhi, the price of 22-carat gold slipped to Rs 44,050 per 10 gm, while in Chennai it fell to Rs 42,280

Photo: Reuters
premium

Safe-haven gold is highly sensitive to rising bond yields as they raise the opportunity cost of holding the bullion.

BS Web Team New Delhi
Gold price today fell to Rs 48,050 from Rs 48,220, while silver price was trending at Rs 66,000 per kg, according to the Good Returns website.

Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes.

In New Delhi, the price of 22-carat gold slipped to Rs 44,050 per 10 gm, while in Chennai it fell to Rs 42,280. In Mumbai, the rate was Rs 43,000 according to the Good Returns website. The price of 24-carat gold in Chennai was Rs 46,120 per 10 gm.  

Gold prices gained Rs