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Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Saturday, with ten grams of the precious metal trading at ₹1,01,340, according to the GoodReturns website. The price of silver climbed ₹100, with one kilogram of the precious metal selling at ₹1,16,100.
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹92,890.
The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹1,01,340.
In Delhi, the price of ten grams of 24-carat gold stood at ₹1,01,490.
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In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹92,890.
In Delhi, the price of ten grams of 22-carat gold stood at ₹93,040.
The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,16,100.
The price of one kilogram of silver in Chennai stood at ₹1,26,100.
US gold prices fell on Thursday as hotter-than-expected US inflation data and a drop in jobless claims lifted the dollar and Treasury yields, trimming the odds of a supersized September rate cut.
Spot gold fell 0.7 per cent to $3,331.03 per ounce as of 12:20 p.m. ET (1620 GMT). US gold futures for December delivery were down 0.9 per cent to $3,376.50.
Elsewhere, spot silver lost 1.5 per cent to $37.90 per ounce, platinum gained 0.8 per cent to $1,349.84 and palladium rose 2 per cent to $1,145.06.
(with inputs from Reuters)
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