Gold price dips ₹10 to ₹97,570; silver climbs ₹100, trades at ₹1,09,100

Gold Price Today: The price of 24-carat gold fell ₹10 in early trade on Wednesday, with ten grams of the precious metal trading at ₹97,570 according to the GoodReturns website. The price of silver rose ₹100, with one kilogram of the precious metal selling at ₹1,09,100.

 

The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹89,440.

 

The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at ₹97,570.

    

In Delhi, the price of ten grams of 24-carat gold stood at ₹97,720. 

 

 

In Mumbai, the price of ten grams of 22-carat gold is in line with that of Kolkata, Bengaluru, Chennai, and Hyderabad at ₹89,440.

 

In Delhi, the price of ten grams of 22-carat gold stood at ₹89,590.

  

The price of one kilogram of silver in Delhi, Kolkata, and Mumbai stood at ₹1,09,100.

  

The price of one kilogram of silver in Chennai stood at ₹ 1,19,100

   

US gold prices rose on Wednesday, supported by a lower dollar and uncertainty over the finalisation of a US-China trade agreement, as markets awaited key US inflation data for direction.

 

Spot gold rose 0.4 per cent to $3,334.29 an ounce, as of 0041 GMT. US gold futures also rose 0.4 per cent to $3,355.30.

Elsewhere, spot silver was unchanged at $36.59 per ounce, platinum fell 0.2 per cent to $1,218.78, while palladium was down 0.3 per cent to $1,057.50. 

(with inputs from Reuters)