Gold climbs ₹10 to ₹1,49,790; silver rises ₹100, trading at ₹3,20,100

Gold Price Today: The price of 24-carat gold climbed ₹10 in early trade on Wednesday, with ten grams of the precious metal trading at ₹1,49,790, according to the GoodReturns website. The price of silver also rose by ₹100, with one kilogram of the precious metal selling at ₹3,20,100.

 

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,37,310.

 

The price of ten grams of 24-carat gold stood at ₹1,49,790 in Mumbai and Kolkata, and ₹1,51,650 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,49,920.

 

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,37,310, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,39,010 in Chennai.

             

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,37,460. 

                    

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹3,20,100.

   

The price of one kilogram of silver in Chennai stood at ₹3,40,100.

 

US gold prices surged to a record high above $4,800 per ounce on Wednesday, buoyed by safe-haven demand and a softer dollar as US President Donald Trump's pursuit of Greenland threatened to reignite a trade war with Europe and upend the Nato alliance.

  Spot gold rose 1.2 per cent to $4,821.26 per ounce by 0226 GMT, after scaling a record $4,843.67 earlier in the session.

 

Spot silver fell 1 per cent to $93.59 an ounce, after hitting a record high of $95.87 on Tuesday. 

Spot platinum lost 0.7 per cent to $2,445.96 per ounce after hitting a record $2,511.80 earlier in the day, while palladium was down 0.5 per cent to $1,857.19.

 

(with inputs from Reuters)