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Gold price today: Gold down Rs 10 to Rs 76,630; silver down Rs 100 to trade at 93,900/kg | commodities

Gold

In Delhi, the price of ten grams of 24 carat gold was Rs 76,780 (Photo: Shutterstock)


Gold price today: The price of 24 carat gold fell by Rs 10 in early trade on Friday, with ten grams of the precious metal trading at Rs 76,630 GoodReturns website. Silver prices also fell by Rs 100, with a kilogram of the precious metal selling at Rs 93,900.

The price of 22 carat gold also saw a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,240.

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The price of ten grams of 24 carat gold in Mumbai is in line with Kolkata and Hyderabad prices at Rs 76,630.

In Delhi, the price of ten grams of 24 carat gold was Rs 76,780, while it was Rs 76,630 in Bengaluru and Chennai.

In Mumbai, the price of ten grams of 22 carat gold is at par with Kolkata and Hyderabad at Rs 70,240.

In Delhi, the price of ten grams of 22 carat gold was Rs 70,390 and in Bengaluru and Chennai, ten grams of 22 carat gold was trading at Rs 70,240.

The price of a kilogram of silver in Delhi is in line with the prices in Kolkata and Mumbai at Rs 93,900.

The price of one kilogram of silver in Chennai was Rs 99,900.


US Gold Prices rose on Friday after recent data supported bets for a Federal Reserve interest rate cut next month, while market participants focused on the US Producer Price Index (PPI) report for further direction.

Spot gold was up 0.3 percent at $2,636.13 an ounce by 0153 GMT, but was down about 0.6 percent this week. U.S. gold futures rose 0.5 percent to $2,653.40.

Spot silver rose 0.1% to $31.21 an ounce. Platinum rose 0.7% to $974.20, while palladium rose 0.8% to $1,077.70.


(With contributions from Reuters)

First publication: October 11, 2024 | 7:51 AM IST

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