Gold price falls by Rs 10 to Rs 72,760, silver falls by Rs 100 to Rs 85,900 | commodities

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 66,690.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 66,840, Rs 66,690 and Rs 66,690 respectively.

The price of a kilogram of silver in Delhi is in line with the price of silver in Kolkata and Mumbai at 85,900.

The price of one kilogram of silver in Chennai was Rs 90,900.

U.S. gold prices fell in early Asian hours on Tuesday as investors awaited a slew of U.S. economic data to gauge the size of the Federal Reserve’s expected interest rate cut this month.

Spot gold was down 0.1 percent at $2,495.79 an ounce as of 0031 GMT after hitting a more than one-week low in the previous session.

Spot silver fell 0.1% to $28.47 an ounce, platinum fell 0.7% to $923.88 and palladium lost 0.4% to $975.00.

First publication: 03 September 2024 | 7:57 AM IST