Gold price falls ₹10 to ₹1,53,540; silver falls ₹100, trading at ₹2,59,900

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Friday, with ten grams of the precious metal trading at ₹1,53,540, according to the GoodReturns website. The price of silver also declined by ₹100, with one kilogram of the precious metal selling at ₹2,59,900. 

 

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,40,740. 

 

The price of ten grams of 24-carat gold stood at ₹1,53,540 in Mumbai, Kolkata, Hyderabad and ₹1,54,470 in Chennai.

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,53,690.

 

  

In Mumbai, the price of ten grams of 22-carat gold was ₹1,40,740, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,41,590 in Chennai. 

                 

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,40,890.   

   

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹2,59,900. 

 

The price of one kilogram of silver in Chennai stood at ₹2,69,900.

 

US gold held steady on Friday, but was on track for a weekly drop as elevated oil prices fuelled fears of inflation and higher-for-longer interest rates amid stalled US-Iran peace talks.

 

Spot gold was up 0.1 per cent at $4,697 per ounce, as of 0105 GMT. The metal is down 2.6 per cent so far this week after a four-week winning run. 

 

US gold futures for June delivery fell 0.2 per cent to $4,712.50.

 

Among other metals, spot silver fell 0.1 per cent to $75.36 per ounce, platinum lost 0.5 per cent to $1,996.13, while palladium was steady at $1,468.50

 

(with inputs from Reuters)