Gold price dips ₹10 to ₹1,60,570, silver falls ₹100, trades at ₹3,49,900

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 ₹1,60,570, according to the GoodReturns website. The price of silver also fell by ₹100, with one kilogram of the precious metal selling at ₹3,49,900.

 

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,47,190.

 

The price of ten grams of 24-carat gold stood at ₹1,60,570 in Mumbai and Kolkata, and ₹1,62,540 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,60,720.

 

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,47,340, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,48,990 in Chennai. 

              

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,47,340.

                    

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹3,49,900.

   

The price of one kilogram of silver in Chennai stood at ₹3,19,900.

 

US gold extended falls on Monday, pressured by a firm dollar, as investors gauged US President Donald Trump's Fed chair pick Kevin Warsh's approach to interest rate cuts, while silver recovered from ⁠a more than three-week low hit on Friday.

 

Spot gold was down 1.5 per cent at $4,793.97 per ounce, as of 0046 GMT, after touching a more than one-week low on  Friday.

 

 Spot silver rose 1.6 per cent to $85.98 an ounce. It hit a record high of $121.64 on Thursday.

 

(with inputs from Reuters)