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Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹1,19,390, according to the GoodReturns website. The price of silver also fell ₹100, with one kilogram of the precious metal selling at ₹1,54,900.
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹1,09,440.
The price of ten grams of 24-carat gold stood at ₹1,19,390 in Mumbai and Kolkata, and at ₹1,19,450 in Chennai.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,19,540.
In Mumbai, the price of ten grams of 22-carat gold was ₹1,09,440, the same as in Kolkata, Bengaluru, and Hyderabad; in Chennai, it stood at ₹1,09,490.
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In Delhi, the price of ten grams of 22-carat gold stood at ₹1,09,590.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,54,900.
The price of one kilogram of silver in Chennai stood at ₹1,64,900.
US gold tops $3,900 for first time on safe-haven demand Oct 6 (Reuters) - Gold surged past $3,900 an ounce for the first time on Monday, driven by safe-haven demand amid a US government shutdown, alongside growing expectations of additional Federal Reserve rate cuts.
Spot gold rose 0.4 per cent to $3,900.40 per ounce as of 0027 GMT after hitting an all-time high of $3,919.59 earlier in the session.
US gold futures for December delivery gained 0.5 per cent to $3,926.80.
Elsewhere, spot silver was flat at $47.98 per ounce, platinum rose 0.5 per cent to $1,613.15 and palladium gained 0.2 per cent to $1,263.
(with inputs from Reuters)
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