Gold Price Today: The price of 24-carat gold climbed ₹10 in early trade on Tuesday, with ten grams of the precious metal trading at ₹1,05,890, according to the GoodReturns website. The price of silver also rose ₹100, with one kilogram of the precious metal selling at ₹1,26,100.
The price of 22-carat gold increased ₹10, with ten grams of the yellow metal selling at ₹97,060.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,05,890.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,06,040.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹97,060.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹97,210.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,26,100.
The price of one kilogram of silver in Chennai stood at ₹1,36,100.
US gold prices hit a more than four-month high on Monday to trade around $23 shy of all-time highs, buoyed by US Federal Reserve rate cut bets and a softer dollar, while silver breached $40 per ounce for the first time since 2011.
Spot gold was up 0.9 per cent at $3,477.56 per ounce by 9:37 a.m. EDT (1337 GMT), its highest since April 22 when it touched a record-high of $3,500.05. US gold futures for December delivery gained 0.9 per cent to $3,547.70.
Spot silver jumped 2.6 per cent to $40.69 per ounce, its highest since September 2011.
Elsewhere, platinum gained 3.2 per cent to $1,408.54 and palladium added 1.9 per cent to $1,129.70.
(with inputs from Reuters)
