Gold price climbs ₹10 to ₹1,02,550; silver rises ₹100, trading at ₹1,17,000

Gold Price Today: The price of 24-carat gold climbed ₹10 in early trade on Thursday, with ten grams of the precious metal trading at ₹1,02,550, according to the GoodReturns website. The price of silver rose ₹100, with one kilogram of the precious metal selling at ₹1,17,000.

 

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹94,000.

 

The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,02,550.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,02,700.

 

In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹94,000.

 

  

In Delhi, the price of ten grams of 22-carat gold stood at ₹94,150.

  

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,17,000.

  

The price of one kilogram of silver in Chennai stood at ₹1,27,000.

 

US gold prices edged higher on Thursday, helped by a weaker dollar on growing expectations of a Federal Reserve rate cut next month, while investors awaited US President Donald Trump's nominations to the central bank's Board of Governors.

 

Spot gold added 0.1 per cent at $3,372.97 per ounce as of 0057 GMT. US gold futures gained 0.3 per cent to $3,442.20.

 

SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.33 per cent to 952.79 tonnes on Wednesday from 955.94 tonnes on Tuesday.

 

Elsewhere, spot silver was steady at $37.83 per ounce, platinum gained 0.2 per cent to $1,336.74 and palladium rose 0.7 per cent to $1,139.98.

 

(with inputs from Reuters)