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Gold Price Today: The price of 24-carat gold dipped ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹95,500 according to the GoodReturns website. The price of silver fell ₹100, with one kilogram of the precious metal selling at ₹97,900.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,540.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹95,500.
In Delhi, the price of ten grams of 24-carat gold stood at ₹95,650.
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In Mumbai, the price of ten grams of 22-carat gold is at par with Kolkata, Bengaluru, Chennai, and Hyderabad, at ₹87,540.
In Delhi, the price of ten grams of 22-carat gold stood at ₹87,690.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹97,900.
The price of one kilogram of silver in Chennai stood at ₹1,09,100.
US gold edged lower on Saturday and was headed for a second consecutive weekly loss as easing trade tensions between the US and China and a strong jobs report kept prices pressured.
Spot gold was down 0.2 per cent at $3,233.30 an ounce as of 11:50 a.m. ET (1550 GMT). Prices were down 2.6 per cent weekly, after hitting a record $3,500.05 on April 22. It hit its lowest since April 14 on Thursday.
US gold futures rose 0.6 per cent to $3,241.70.
Spot silver fell 1.2 per cent to $32.01 an ounce, platinum eased 0.2 per cent to $958.70 and palladium added 0.5 per cent to $945.25. All three metals were on track for weekly declines.
(with inputs from Reuters)
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