Gold prices fall by Rs 10 to Rs 74,880, silver falls by Rs 100 to Rs 91,900 | commodities

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 68,640.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 68,790, Rs 68,640 and Rs 68,640 respectively.

Silver price in Delhi is in line with Kolkata and Mumbai silver price at 91,900.

The price of one kilogram of silver in Chennai was Rs 96,900.

US Gold Prices an inch higher on Monday, supported by a weaker dollar and the prospect of a more aggressive rate cut by the US Federal Reserve at its next policy meeting.

Spot gold was up 0.2 percent at $2,580.81 an ounce as of 0020 GMT. Bullion rose to a record high of $2,585.99 on Friday.

Spot silver gained 0.8% to $30.89 an ounce, platinum fell 0.2% to $993.40 and palladium fell 0.3% to $1,065.78 .

(with contributions from Reuters)

First publication: September 16, 2024 | 7:45 AM IST