Gold Price Today: The price of 24-carat gold slipped Rs 10 in early trade on Wednesday, with ten grams of the precious metal trading at Rs 76,900 according to the GoodReturns website. The price of silver dipped by Rs 100, with one kilogram of the precious metal selling at Rs 94,900.
The price of 22-carat gold also fell by Rs 10, with ten grams of the yellow metal selling at Rs 70,490.
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The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 76,900.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 77,050, Rs 76,900, and Rs 67,900, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 70,490.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 70,640, Rs 70,490, and Rs 70,490, respectively.
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The price of one kilogram of silver in Delhi is in line with prices in Kolkata and Mumbai at Rs 94,900.
The price of one kilogram of silver in Chennai stood at Rs 1,00,900.
US Gold prices were flat on Wednesday, as the dollar held firm and market participants looked ahead to upcoming US data for insights into possible interest rate cuts later this year.
Spot gold edged 0.2 per cent lower to $2,658.07 per ounce, as of 0036 GMT. Bullion hit a record high level of $2,685.42 on Thursday.
Spot silver fell 0.3 per cent to $31.31 per ounce, platinum gained 0.4 per cent to $989.49 and palladium rose 0.61 per cent to $1,000.75.
Spot gold edged 0.2 per cent lower to $2,658.07 per ounce, as of 0036 GMT. Bullion hit a record high level of $2,685.42 on Thursday.
Spot silver fell 0.3 per cent to $31.31 per ounce, platinum gained 0.4 per cent to $989.49 and palladium rose 0.61 per cent to $1,000.75.
(with inputs from Reuters)