Gold price falls ₹10 to ₹1,00,740; silver down ₹100, trades at ₹1,09,900

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 ₹1,00,740 according to the GoodReturns website. The price of silver fell ₹100, with one kilogram of the precious metal selling at ₹1,09,900.

 

The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹92,340.

 

The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,00,740.  In Delhi, the price of ten grams of 24-carat gold stood at ₹1,00,890.    

 

In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹92,340.  In Delhi, the price of ten grams of 22-carat gold stood at ₹92,490. 

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,09,900.

  

The price of one kilogram of silver in Chennai stood at ₹1,19,900.

   

US gold prices inched higher on Monday as investors turned to safe-haven assets amid growing fears of a broader Middle East conflict, with markets closely watching for Iran's response to US attacks on its nuclear sites.

 

Spot gold was up 0.1 per cent at $3,371.30 an ounce, as of 0020 GMT. US gold futures were steady at $3,387.20. 

Elsewhere, spot silver was up 0.1 per cent at $36.03 per ounce, platinum fell 0.3 per cent to $1,260.78, while palladium edged down 0.1 per cent to $1,043.

 

(with inputs from Reuters)