Gold price falls ₹10 to ₹1,52,340; silver down ₹100, trades at ₹2,74,900

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 ₹1,52,340, according to the GoodReturns website. The price of silver also declined by ₹100, with one kilogram of the precious metal selling at ₹2,74,900. 

 

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,39,640. 

 

The price of ten grams of 24-carat gold stood at ₹1,52,340 in Mumbai, Kolkata, Hyderabad and ₹1,54,360 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,52,490.

 

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,39,640, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,41,490 in Chennai. 

                  

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,39,790.   

       

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,74,900. 

 

The price of one kilogram of silver in Chennai stood at ₹2,79,900. 

 

US gold prices fell on Monday, as a lack of progress in US-Iran peace negotiations pushed oil prices higher, fuelling concerns that elevated inflation could keep interest rates higher for longer.

 

Spot gold fell 0.6 per cent at $4,687.49 per ounce, as of 0038 GMT. US gold futures for June delivery lost 0.7 per cent at $4,696.60.

 

Spot silver was steady at $80.32 per ounce, platinum slid 0.9 per cent to $2,037, and palladium was down 1 per cent at $1,477.23.

 

(with inputs from Reuters)