Gold, silver rates rise in early trade; yellow metal selling at Rs 54,880

Gold and silver became dearer in Thursday's early trade with ten grams of the yellow metal (24-carat) trading at Rs 54,880, after an rise of Rs 550. Silver, on the other hand, is trading at Rs 71,000 per kg today, after the price rose by Rs 2,000.

Ten gram of 22-carat gold was trading at Rs 50,300 today, according to the GoodReturns website.

In Mumbai, Kolkata, Hyderabad, Kerala, and Pune, 10 grams of gold (24-carat and 22-carat) was selling at Rs 54,880, and Rs 50,300, respectively.

In Delhi, 24-carat and 22-carat gold was trading at Rs 55,040, and Rs 50,450,