Gold price falls by Rs 10 to Rs 72,860, silver rises by Rs 100 to Rs 85,100 | commodities

In Delhi, Bengaluru and Chennai, the price of ten grams of 24 carat gold was Rs 73,010, Rs 72,860 and Rs 72,860 respectively.

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 66,790.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 66,940, Rs 66,790 and Rs 66,790 respectively.

Silver price in Delhi is in line with Kolkata and Mumbai silver price at 85,100.

The price of one kilogram of silver in Chennai was Rs 90,100.

US Gold Prices remained flat on Tuesday as market participants focused on August inflation numbers for signs of a possible Federal Reserve rate cut this month.

Spot gold was flat at $2,504.98 an ounce as of 0027 GMT. U.S. gold futures rose 0.1 percent to $2,533.70.

Spot silver fell 0.2% to $28.29 an ounce, platinum gained 0.4% to $941.25 and palladium edged up 0.1% to $945.75 dollars.

(with contributions from Reuters)

First publication: September 10, 2024 | 8:18 AM IST