Gold price dips ₹10 to ₹97,410, silver price down ₹100, trades at ₹1,07,700

Gold Price Today: The price of 24-carat gold dipped ₹10 in early trade on Monday, with ten grams of the precious metal trading at ₹97,410 according to the GoodReturns website. The price of silver fell ₹100, with one kilogram of the precious metal selling at ₹1,07,700.

 

The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹89,290.

 

The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹97,410.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹97,560.

 

In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹89,290.

 

  

In Delhi, the price of ten grams of 22-carat gold stood at ₹89,440.

 

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,07,700.

  

The price of one kilogram of silver in Chennai stood at ₹1,17,700. 

Also read: Gold Price in Mumbai | Gold price in Delhi | Gold Price in Indore | Gold Price in Lucknow

   

US Gold prices fell to their lowest in more than a month on Monday as easing trade tensions between US and China dampened safe-haven demand and prompted investors to pivot toward riskier assets. 

Asian shares firmed on Monday, while the benchmark 10-year Treasury yields edged higher.

 

Spot gold was down 0.3 per cent at $3,264.64 per ounce, as of 0055 GMT, after hitting its lowest level since May 29.

 

US gold futures fell 0.4 per cent to $3,275.30.

 

Spot silver was down 0.4 per cent at $35.84 per ounce.

 

Platinum firmed 0.4 per cent to $1,344.63, while palladium fell 0.6 per cent to $1,127.23.

 

(with inputs from Reuters)