Gold prices up by Rs 10 to Rs 75,060, silver up by Rs 100 to Rs 93,100 | commodities

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 68,810.

In Delhi, Bengaluru and Chennai, the price of ten grams of 22 carat gold was Rs 68,960, Rs 68,810 and Rs 68,810 respectively.

Silver price in Delhi is in line with Kolkata and Mumbai silver price at 93,100.

The price of one kilogram of silver in Chennai was Rs 98,100.

US Gold Prices held steady on Tuesday to hover near record highs set in the previous session as markets anticipate the start of an easing cycle in the US, with expectations that it will begin with an excessive rate cut.

Spot gold was flat at $2,582.84 an ounce as of 0020 GMT. Bullion rose to a record high of $2,589.59 on Monday.

Spot silver fell 0.2% to $30.70 an ounce, platinum rose 0.4% to $984.81 and palladium gained 0.4% to $1,080.78.

(with contributions from Reuters)

First publication: September 17, 2024 | 7:51 AM IST