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Gold Price Today: The price of 24-carat gold rose ₹10 in early trade on Wednesday, with ten grams of the precious metal trading at ₹1,22,030, according to the GoodReturns website. The price of silver also climbed ₹100, with one kilogram of the precious metal selling at ₹1,57,100.
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,11,860.
The price of ten grams of 24-carat gold stood at ₹1,22,030 in Mumbai and Kolkata, and at ₹1,22,190 in Chennai.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,22,080.
In Mumbai, the price of ten grams of 22-carat gold was ₹1,11,860, the same as in Kolkata, Bengaluru, and Hyderabad; in Chennai, it stood at ₹1,12,010.
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In Delhi, the price of ten grams of 22-carat gold stood similar to the price in Chennai at ₹1,12,010.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,57,100.
The price of one kilogram of silver in Chennai stood at ₹1,66,900.
US gold prices Gold prices climbed to an all-time high on Wednesday, nearing the crucial $4,000-per-ounce level, bolstered by economic and geopolitical uncertainty and expectations of additional interest rate cuts by the US
Federal Reserve.
Spot gold was up 0.3 per cent at $3,995.14 per ounce, as of 0044 GMT, after hitting a fresh high of $3,999.09 earlier in the session. US gold futures for December delivery gained 0.3 per cent to $4,016.30.
Elsewhere, spot silver edged 0.1 per cent higher to $47.89 per ounce, platinum gained 1.2 per cent to $1,637.95 and palladium climbed 0.8 per cent to $1,348.08.
(with inputs from Reuters)
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