Gold price falls ₹10 to ₹1,45,960; silver down ₹100, trades at ₹2,44,900

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 ₹1,45,960, according to the GoodReturns website. The price of silver also dropped by ₹100, with one kilogram of the precious metal selling at ₹2,44,900.

 

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,33,790. 

 

The price of ten grams of 24-carat gold stood at ₹1,45,960 in Mumbai, Kolkata, Bengaluru and Hyderabad and ₹1,48,570 in Chennai. 

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,46,110. 

 

   

In Mumbai, the price of ten grams of 22-carat gold was ₹1,33,790, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,36,190 in Chennai. 

 

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,33,940.   

  

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,44,900. 

 

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

 

US gold prices slipped more than 3 per cent on Monday, extending their drop to a roughly four-month low, as an escalating West Asia conflict stoked inflation concerns and expectations of higher global interest rates.

 

Spot gold was down 3.3 per cent at $4,340.09 per ounce, as of 0100 GMT, extending losses for a ninth consecutive session. US gold futures for April delivery fell 5 per cent to $4,347.

 

Spot silver lost 3.3 per cent to $65.55 per ounce. Spot platinum fell 4.4 per cent to $1,838.45 and palladium was down 0.4 per cent at $1,398.50. 

 

(with inputs from Reuters)