Gold Silver price today: Gold down by Rs 10, silver down by Rs 100; yellow metals trading at Rs 73,030 | commodities

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 66,940.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 67,090, Rs 66,940 and Rs 66,940 respectively.

The price of a kilogram of silver in Delhi is in line with the price of silver in Kolkata and Mumbai at 87,900.

The price of one kilogram of silver in Chennai was Rs 92,900.

U.S. gold prices rose on Monday, extending gains from the last session, while dovish remarks from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest rate cut next month.

Spot gold was up 0.2 percent at $2,516.09 an ounce by 0027 GMT. U.S. gold futures gained 0.2 percent to $2,551.30.

Spot silver rose 0.3% to $29.90 an ounce, platinum was flat at $962.65 and palladium was down 0.3% at $959.43.

(With contributions from Reuters)

First publication: August 26, 2024 | 7:51 AM IST