Gold prices fall, silver rises in early trade; yellow metal at Rs 54,330

Gold prices slipped as investors stayed on the sidelines awaiting US inflation data and the Federal Reserve's rate-hike decision

Gold prices witnessed a drop in Tuesday's early trade with ten grams of the yellow metal (24-carat) trading at Rs 54,330. Silver, on the other hand, rose by Rs 90 and was trading at Rs 69,000 per kg today.

Ten gram of 22-carat gold was trading at Rs 49,800 today, according to the GoodReturns website.

In Mumbai, Kolkata, and Hyderabad, Kerala and Pune, 10 grams of gold (24-carat and 22-carat) was selling at Rs 54,330, and Rs 49,800, respectively.

In Delhi, 24-carat and 22-carat gold was trading at Rs 54,490, and Rs 49,950, respectively. In Chennai, 10 grams of 24-carat