The price of 24-carat gold saw a minor dip of Rs 10 in early trade on Monday, with ten grams of the yellow metal priced at Rs 89,770, according to the GoodReturns website. Silver also experienced a decline, falling Rs 100, bringing the price of one kilogram of silver down to Rs 1,00,900.
In terms of 22-carat gold, the price also dropped by Rs 10, with ten grams of this variant selling at Rs 82,290.
Regional Gold Prices
Mumbai, Kolkata, Chennai: The price of ten grams of 24-carat gold stands at Rs 89,770.
Delhi: Here, ten grams of 24-carat gold is priced slightly higher at Rs 89,970.
Mumbai, Kolkata, Bengaluru, Chennai, Hyderabad: Ten grams of 22-carat gold is at Rs 82,990.
Delhi: The price of 22-carat gold is Rs 82,440 per ten grams.
Silver Prices
Delhi, Kolkata, Mumbai: The price for one kilogram of silver is Rs 1,00,900.
Chennai: Silver is priced at Rs 1,09,900 per kilogram.
International Market Impact
Gold prices in the international market edged higher due to rising concerns over potential tariffs under US President Donald Trump and expectations of interest rate cuts by the Federal Reserve. This helped gold’s appeal as a safe-haven investment.
Spot Gold: Increased by 0.1%, trading at $3,025.12 per ounce.
US Gold Futures: Rose by 0.3%, standing at $3,030.70 per ounce.
Record High: Gold reached a record high of $3,057.21 per ounce last Thursday, driven by trade tensions and safe-haven demand.
Silver also saw a modest gain, rising by 0.1% to $33.06 per ounce, while platinum and palladium firmed up, with platinum rising by 0.7% to $981.25 and palladium increasing by 0.5% to $962.54.
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