 "Gold price rises Rs 10 to Rs 61,320, silver unchanged at Rs 77,350")
Gold price rose Rs 10 during Friday's early trade with 10 grams of the yellow metal (24-carat) trading at Rs 61,320, according to the GoodReturns website. Silver prices remained unchanged with 1 kg of the precious metal selling at Rs 77,350.
The price of ten grams of 22-carat gold also rose by Rs 10 to Rs 56,210.
The price of ten grams of 24-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 61,320.
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 61,470, Rs 61,370, and Rs 61,970, respectively.
The price of ten grams of 22-carat gold in Mumbai is at par with the price of gold in Kolkata and Hyderabad, at Rs 56,210.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 56,360, Rs 56,260, and Rs 56,810, respectively.
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US gold prices inched higher on Thursday, helped by a softer dollar as cooler-than-expected inflation data suggested that the Federal Reserve might pause raising rates after a possible hike in May.
Spot gold was up 0.1 per cent at $2,017.19 per ounce, as of 0105 GMT. US gold futures rose 0.4 per cent to $2,032.50.
The dollar index was 0.1 per cent lower, making bullion cheaper for buyers holding other currencies.
Gold prices jumped more than 1 per cent on Wednesday after data showed the US Consumer Price Index rose 0.1 per cent last month versus expectations of a 0.2 per cent rise, after advancing 0.4 per cent in February.
Gold is considered an inflation hedge, but rising interest rates reduce the appeal of non-yielding bullion.
Spot silver was up 0.1 per cent at $25.51 per ounce, platinum added 0.2 per cent at $1,017.30 and palladium rose 0.5 per cent to $1,466.82.
(with inputs from Reuters)