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Gold, silver prices fall; yellow metal trading at Rs 51,000 per 10 gram

Silver is trading at Rs 59,400 per kg

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Photo: Bloomberg
BS Web Team New Delhi
2 min read Last Updated : Jun 30 2022 | 2:58 PM IST
Gold prices fell on Thursday, with 10 gram of yellow metal (24-carat) trading at Rs 51,000, and 10 gram of 22-carat gold selling at Rs 46,750. Silver prices too, fell on Thursday, with the metal trading at Rs 59,400 per kg.

Meanwhile, in the US, Gold was mostly quiet on Thursday, but faced its worst quarter since early 2021 as a remarkable showing from the dollar kept investors away, with bullion's outlook clouded by top central banks adopting aggressive tactics to fight stubborn inflation.

Spot gold was flat at $1,817.01 per ounce and Spot silver rose 0.4% to $20.80 per ounce by 0615 GMT. U.S. gold futures were little changed at $1,816.90.

In Delhi, Kolkata and Bangalore, 10 gram of 24-carat gold is trading at Rs 51,050, Rs 51,000, and Rs 51,020 respectively according to the goodreturns website. Meanwhile, 10 gram of 22-carat gold is selling at Rs 46,750 in Delhi and Kolkota, and at Rs 46,770 in Bangalore.
Prices of 10 gram of both 24-carat and 22-carat gold in Chennai is trading slightly higher at Rs 51,090 and Rs 46,830, respectively on Thursday.

A kg of silver is trading at Rs 59,400, in cities including Delhi and Mumbai, and is trading at Rs 65,300 in cities like Kolkota, and Chennai.

 
(With inputs from Reuters)

Topics :Gold PricesGold marketPrecious metalsgold and silver pricesGold and silverGold trade

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