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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 ₹1,10,519, according to the GoodReturns website. However, the price of silver fell ₹100, with one kilogram of the precious metal selling at ₹1,29,900.
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹1,01,310.
The price of ten grams of 24-carat gold in Mumbai and Kolkata stood at ₹1,10,520 and Chennai at ₹1,10,720.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,10,670.
In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, and Hyderabad at ₹1,01,310.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹1,01,460.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,29,900.
The price of one kilogram of silver in Chennai stood at ₹1,39,900.
US gold edged up on Thursday, as softer-than-expected US producer price index (PPI) data reinforced already strong expectations for a Federal Reserve interest rate cut next week, while investors awaited key consumer inflation data for further cues.
Spot gold was up 0.1 per cent at $3,645.04 per ounce, as of 0044 GMT. Bullion hit a record high of $3,673.95 on Tuesday.
Elsewhere, spot silver was steady at $41.13 per ounce. Platinum gained 0.5 per cent to $1,392.55 and palladium rose 0.7 per cent to $1,181.56.
(with inputs from Reuters)
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