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Gold Price Today: The price of 24-carat gold rose Rs 10 in early trade on Tuesday, with ten grams of the precious metal trading at Rs 87,070 according to the GoodReturns website. The price of silver fell Rs 100, with one kilogram of the precious metal selling at Rs 99,400.
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810.
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 87,070.
In Delhi, the price of ten grams of 24-carat gold stood at Rs 87,220.
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In Mumbai, the price of ten grams of 22-carat gold is at par with Kolkata, Bengaluru, Chennai, and Hyderabad, at Rs 79,810.
In Delhi, the price of ten grams of 22-carat gold stood at Rs 79,960.
The price of one kilogram of silver in Delhi is in line with prices in Bengaluru, Kolkata and Mumbai at Rs 99,400.
The price of one kilogram of silver in Chennai stood at Rs 1,06,900.
US gold prices soared to a record high on Tuesday, as investors flocked to the safe-haven asset after US President Donald Trump's imposed new 25 per cent tariffs on steel and aluminium imports, fuelling concerns over a potential trade war and inflation.
Spot gold was up 0.4 per cent at $2,919.90 per ounce, as of 0038 GMT, after hitting a record high of $2,921.15 earlier in the session.
Spot silver firmed 0.3 per cent to $32.12 per ounce and platinum was steady at $993.80, while palladium fell 0.3 per cent to $979.88.
(With inputs from Reuters)
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