Gold prices fall by Rs 10 to Rs 73,140, ​​silver falls by Rs 100 to Rs 86,400 | commodities

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 67,040.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 67,190, Rs 67,040 and Rs 67,040 respectively.

The price of a kilogram of silver in Delhi is in line with the price of silver in Kolkata and Mumbai at 86,400.

The price of one kilogram of silver in Chennai was Rs 91,400.

US Gold Prices It hovered near an all-time high on Friday and braced for a weekly gain on a weaker dollar as investors focused on U.S. economic data that could provide further insight into the Federal Reserve’s policy decision.

Spot gold was flat at $2,558.19 an ounce as of 0051 GMT, up 2.5 percent so far this week.

Bullion rose more than 1 percent in the previous session and hit a record high after U.S. data signaled an economic slowdown.

U.S. gold futures rose 0.2 percent to $2,586.60.

SPDR Gold Trust, the largest gold-backed exchange-traded fund, said on Thursday its holdings rose 0.53 percent to 870.78 tonnes.

Spot silver was up 0.1% at $29.94 an ounce, platinum was up 0.8% at $985.20 and palladium was up 0.8% at $1,055.64.

(with contributions from Reuters)

First publication: September 13, 2024 | 8:08 AM IST