Gold price falls ₹10 to ₹1,42,900; silver rises ₹100, trading at ₹2,35,100

Gold Price Today: The price of 24-carat gold fell by ₹10 in early trade on Wednesday, with ten grams of the precious metal trading at ₹1,42,900, according to the GoodReturns website. The price of silver rose by ₹100, with one kilogram of the precious metal selling at ₹2,35,100.

 

The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,30,990. 

 

The price of ten grams of 24-carat gold stood at ₹1,42,900 in Mumbai, Kolkata, Bengaluru and Hyderabad and ₹1,44,550 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,43,050.

 

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,30,990, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,32,490 in Chennai.

              

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,31,140. 

                     

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,35,100. 

 

The price of one kilogram of silver in Chennai stood at ₹2,49,900.

 

US gold rose more than 2 per cent on Wednesday, buoyed by a softer dollar, while a drop in oil prices eased concerns about elevated inflation and higher global interest rates, amid reports of a US plan to end the West Asia war. 

 

Spot gold rose 2.5 per cent to $4,587.09 per ounce as of 0218 GMT. US gold futures for April delivery gained 4.2 per cent to $4,586.10. The dollar eased, making greenback-priced bullion cheaper for holders of other currencies. 

 

Among other metals, spot silver rose 3.6 per cent to $73.78 per ounce. Spot platinum gained 2.2 per cent to $1,978.10 and palladium was up 1.5 per cent at $1,461.56. 

 

(with inputs from Reuters)