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Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Friday, with ten grams of the precious metal trading at ₹1,14,430, according to the GoodReturns website. The price of silver also fell ₹100, with one kilogram of the precious metal selling at ₹1,39,900.
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹1,04,890.
The price of ten grams of 24-carat gold stood at ₹1,14,430 in Mumbai and Kolkata, and at ₹1,14,650 in Chennai.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,14,580.
In Mumbai, the price of ten grams of 22-carat gold was ₹1,04,890, the same as in Kolkata, Bengaluru, and Hyderabad; in Chennai, it stood at ₹1,05,090.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹1,05,040.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,39,900.
The price of one kilogram of silver in Chennai stood at ₹1,49,900.
US gold edged lower on Friday after stronger-than-expected US economic data cast doubt on the Federal Reserve's rate cut outlook, bolstering the dollar ahead of a key US inflation report due later in the day.
Spot gold declined 0.2 per cent to $3,741.21 per ounce as of 0147 GMT, though the metal was up 1.6 per cent so far this week.
US gold futures for December delivery were unchanged at $3,771.30.
Spot silver fell 0.6 per cent to $44.96 per ounce, platinum jumped 1.6 per cent to $1,553.35 to hover near 12-year high, and palladium gained 1.4 per cent at $1,267.13. All three metals were headed for weekly gains.
(with inputs from Reuters)
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