Gold price falls ₹10 to ₹1,59,650; 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 ₹1,59,650, according to the GoodReturns website. The price of silver also dropped 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 ₹1,46,340. 

 

The price of ten grams of 24-carat gold stood at ₹1,59,650 in Mumbai, Kolkata, Bengaluru and Hyderabad and ₹1,61,010 in Chennai. 

 

In Delhi, the price of ten grams of 24-carat gold stood at ₹1,59,800. 

 

   

In Mumbai, the price of ten grams of 22-carat gold was ₹1,46,340, the same as in Kolkata, Bengaluru, Hyderabad, and ₹1,47,590 in Chennai. 

 

In Delhi, the price of ten grams of 22-carat gold stood at ₹1,46,490.  

 

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 were steady on Monday after paring a near 1 per cent fall earlier in the session, as a softer dollar helped offset waning hopes of near-term US interest-rate cuts due to elevated energy prices.

 

Spot gold was unchanged at $5,017.53 per ounce, as of 0101 GMT. US gold futures for April delivery fell 0.8 per cent to $5,020.90.

 

Spot silver was up 0.4 per cent at $80.88 per ounce. Spot platinum gained 0.9 per cent to $2,049.50 and palladium rose 0.3 per cent to $1,556.50.

 

(with inputs from Reuters)